Littore wines

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GEELONGADVERTISER.COM.AU WEDNESDAY OCTOBER 21 2015 NEWS 05 V1 - GATE01Z01MA and I suppose the winery itself is one of the largest in Victoria and a pretty substantial asset close to Melbourne, so it will be an interesting campaign.” The Ballan Rd property comprises more than 22ha of land and has a storage capacity of 18 million litres of wine, a crush capacity of 15 tonnes and two bottling lines capable of almost 14,000 bottles an hour. Vince Littore’s parents, Mario and Aurora Littore, migrated to Melbourne from the Mediterranean island of Lipari in 1953. The couple and their four sons eventually moved to Mil- dura where they started their first vineyard. Littore Family Wines started supplying wines to Coles nine years ago and since then has grown to become the company’s largest private- label wine supplier. In September it was recog- nised by Coles with the Out- standing Service Supplier of the Year award. ANIMAL lovers across the region will gather next weekend for the annual Jirrahlinga Cup to help critters like Spunky the baby koala. The spring carnival-themed event at the Novotel Hotel on October 30 is a key fundraiser for the Barwon Heads sanctuary and will feature phantom races, fashions on the field and auctions. Money raised will go towards the running of Jirrahlinga and its vital support services. For more information, visit facebook.com/jirrahlinga or phone 5254 2484. Picture: NIGEL HALLETT THIS EVENT’S FUR A VERY GOOD CAUSE Geelong family winery for sale Presto’s big-five movie deal fights Netflix PRESTO has fired the first shot in the 2016 streaming wars by locking up five of this year’s top 10 movie titles. Presto has announced that it will provide local subscribers with access to blockbusters Jurassic World, Furious 7, Min- ions, Mission Impossible — Rogue Nation, and Fifty Shades of Grey. The year’s No.11 movie, Terminator: Genisys will also roll out on Presto. The big-money deal is a sure sign that the war between Presto and rivals Netflix, Stan, and Quickflix is reaching boil- ing point. Netflix will secure Avengers: Age of Ultron, Inside Out, Cin- derella and Ant Man. Stan will get San Andreas. Netflix dominates the Aus- sie Streaming Video on De- mand (SVOD) market with more than a million viewers — about 10 times its competitors. “The SVOD market is still being skewed by free trial of- fers but one thing is certain — people are constantly looking for fresh content and if they don’t get it, they will re-evalu- ate their subscription,” media analyst Steve Allen said. Presto TV CEO Shaun James said: “We are thrilled to continue the tradition of sup- plying … the best and biggest Hollywood blockbusters.” LACHIE YOUNG GEELONG-owned business Littore Wine Group is in receivership, with its winery in the Moorabool Valley and other assets across the country on the market. Ferrier Hodgson has been appointed as the receiver for the company, which was only last month recognised on the national stage at a Coles awards ceremony. Idyll Vineyards and Littore Family Wines, companies owned by the Littores, are also under external administration. Company partner Vince Littore was not able to confirm the circumstances leading up to the company moving into receivership, but said he hoped the situation would be resolved quickly. “We’re a local Geelong fam- ily who keep working hard on our businesses, and we believe everything will pan out,” Mr Littore said. Colliers International has been appointed by Ferrier Hodgson to sell the Ballan Rd winery, with national director Tim Altschwager saying there had been several inquiries since the property went on the market last week. “Interest will come from domestic, from current wine industry people and then dom- estic investors and some over- seas interest,” Mr Altschwager said. “They’re very good assets Littore under receivership We’re a local Geelong family who keep working hard on our businesses, and we believe everything will pan out.” VINCE LITTORE 18-20 Donga Road, NORTH GEELONG 5278 6433 www.barwonfoods.com OPEN MON – FRI 8AM – 5PM, SAT 8AM – 12 NOON We’re just a few minutes down the road from Geelong West ATM available fresh fsh, seafood, oysters, prawns & crayfsh from Geelong’s Seafood Specialists

Transcript of Littore wines

GEELONGADVERTISER.COM.AU WEDNESDAY OCTOBER 21 2015 NEWS 05

V1 - GATE01Z01MA

and I suppose the winery itselfis one of the largest in Victoriaand a pretty substantial assetclose to Melbourne, so it will bean interesting campaign.”

The Ballan Rd propertycomprises more than 22ha ofland and has a storage capacityof 18 million litres of wine, acrush capacity of 15 tonnes andtwo bottling lines capable ofalmost 14,000 bottles an hour.

Vince Littore’s parents,Mario and Aurora Littore,migrated to Melbourne fromthe Mediterranean island ofLipari in 1953.

The couple and their foursons eventually moved to Mil-dura where they started theirfirst vineyard.

Littore Family Winesstarted supplying wines toColes nine years ago and sincethen has grown to become thecompany’s largest private-label wine supplier.

In September it was recog-nised by Coles with the Out-standing Service Supplier ofthe Year award.

ANIMAL lovers across the region will gather next weekend for the annual Jirrahlinga Cup to help critters like Spunky the baby koala. The spring carnival-themed event at the Novotel Hotel on October 30 is a key fundraiser for the Barwon Heads sanctuary and will feature phantom races, fashions on the field and auctions. Money raised will go towards the running of Jirrahlinga and its vital support services. For more information, visit facebook.com/jirrahlinga or phone 5254 2484. Picture: NIGEL HALLETT

THIS EVENT’S FUR A VERY

GOOD CAUSE Geelong family winery for sale

Presto’s big-five movie deal fights NetflixPRESTO has fired the firstshot in the 2016 streamingwars by locking up five of thisyear’s top 10 movie titles.

Presto has announced thatit will provide local subscriberswith access to blockbustersJurassic World, Furious 7, Min-ions, Mission Impossible —Rogue Nation, and Fifty Shades

of Grey. The year’s No.11movie, Terminator: Genisys willalso roll out on Presto.

The big-money deal is asure sign that the war betweenPresto and rivals Netflix, Stan,and Quickflix is reaching boil-ing point.

Netflix will secure Avengers:Age of Ultron, Inside Out, Cin-

derella and Ant Man. Stan willget San Andreas.

Netflix dominates the Aus-sie Streaming Video on De-mand (SVOD) market withmore than a million viewers —about 10 times its competitors.

“The SVOD market is stillbeing skewed by free trial of-fers but one thing is certain —

people are constantly lookingfor fresh content and if theydon’t get it, they will re-evalu-ate their subscription,” mediaanalyst Steve Allen said.

Presto TV CEO ShaunJames said: “We are thrilled tocontinue the tradition of sup-plying … the best and biggestHollywood blockbusters.”

LACHIE YOUNG

GEELONG-owned businessLittore Wine Group is inreceivership, with its winery inthe Moorabool Valley andother assets across the countryon the market.

Ferrier Hodgson has beenappointed as the receiver forthe company, which was onlylast month recognised on thenational stage at a Colesawards ceremony.

Idyll Vineyards and LittoreFamily Wines, companiesowned by the Littores, are alsounder external administration.

Company partner VinceLittore was not able to confirmthe circumstances leading upto the company moving intoreceivership, but said he hopedthe situation would be resolvedquickly.

“We’re a local Geelong fam-ily who keep working hard onour businesses, and we believeeverything will pan out,” MrLittore said.

Colliers International hasbeen appointed by FerrierHodgson to sell the Ballan Rdwinery, with national directorTim Altschwager saying therehad been several inquiriessince the property went on themarket last week.

“Interest will come fromdomestic, from current wineindustry people and then dom-estic investors and some over-seas interest,” Mr Altschwagersaid.

“They’re very good assets

Littore under receivership

“We’re a local Geelong family

who keep working hard on our businesses, and we believe everything will

pan out.”V I N C E L I T T O R E

18-20 Donga Road, NoRth GeeloNG

5278 6433www.barwonfoods.com

OPEN MON – FRI 8AM – 5PM, SAT 8AM – 12 NOON

We’re just a fewminutes down the road

from Geelong West

AtM available

fresh fsh, seafood, oysters, prawns & crayfsh from

Geelong’s Seafood Specialists✖