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McWilliam's Wines

OVERALL

Owned
AUS
Rating
Some praise, no criticism

Wine maker

Owns wineries around Australia and one in California. Sold 3 wineries to Hong Kong's CK Life Sciences for $15.7 million in 2015. Family-owned for 143 years until 2020 when the company collapsed and was subsequently acquired by Prcstnt Asset Management.

Company Ownership

McWilliam's Wines Group Pty Ltd   AUS     website   email   facebook   
  Prcstnt Asset Management   
   owns 100% of McWilliam's Wines Group Pty Ltd  
AUS     website   email      

Asset management

Global capital and asset management firm focused on the intersection of sustainability, agriculture, resources and renewable energy. Their first fund was launched in Australia in 2016 and they have $1.0bn under management. Acquired McWilliam's Wines in 2020.

> About the Ratings

Company Assessment

PRAISE CRITICISM INFORMATION
McWilliam's Wines Group Pty Ltd
Environment Australian Packaging Covenant signatory
Signatory to the Australian Packaging Covenant, a voluntary agreement to encourage waste minimisation.
Source: Australian Packaging Covenant (2020)
Business Ethics No tax paid in 2016/7
According to data released by the Australian Tax Office in Dec 2018, this company was one of 2,159 local and foreign-based companies that paid no tax in Australia in 2016-17. Please note however that companies pay income tax on profits, not revenue (total income). While some companies use tax havens and loopholes to avoid paying their fair share of tax in Australia, other companies that paid no tax have perfectly legitimate reasons.
Source: ATO (2018)
Prcstnt Asset Management
Business Ethics Sustainabilty claims
This company has sustainability claims on its website in the area of investing in a more sustainable future.
Source: company website (2020)

> About the Icons

Company Details

Type Private company
Founded 1877
Revenue $187 million in 2009
Employees 200 in 2014

Contact Details

Address Level 1, 55 Murray St, Pyrmont, NSW, 2009, Australia
Phone 02 9722 1200
Email customerservice@mcwilliams.com.au
Website www.mcwilliams.com.au

Products / Brands

McWilliam's Wines
McWilliams Max Brandy


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