public asx twe industry winemaking founded 2011 headquarters southbank melbourne australia products wynns coonawarra lindemans seppelts wolf blass wines penfolds wines revenue a 2 billion number of employees 4 000 website treasurywineestates.com treasury wine estates is an australian based global winemaking and distribution business . it is headquartered in southbank melbourne victoria and until a demerger in may 2011 1 was the wine division of international brewing company foster s group . contents 1 history 2 operations 3 brands 4 references 5 external links history edit treasury wine estates traces its roots back to the establishment of penfolds in adelaide south australia in the mid 1840s and the 1876 founding of beringer vineyards in the napa valley california us . foster s began to build its wine division from 1995 onwards . through acquisition it built the division in to one of the world s largest wine makers . in 2005 it acquired the australian wine making group southcorp adding famous brands including penfolds lindemans and rosemount and around a 1 billion to revenues . in 2005 beringer blass was the seventh largest producer of wine in the united states . 2 however the division was always both a poor performing business and often a cash drain on the highly profitable brewing business . on 10 june 2008 foster s ceo trevor o hoy resigned after poor performance by the wine division . 3 by 2011 the company had written down the value of the wines division by half since it acquired it at the peak of the market leaving it worth about a 3.1 billion . 4 after further difficulties in the division resulting in an additional a 1.3 billion write down in early 2011 at a meeting in melbourne on 29 april 2011 99 % of fosters group shareholders agreed to split fosters group business into separate brewing and wine companies . treasury wine estates officially became a separately listed company on 9 may 2011 with david dearie as its ceo . the scheme of arrangement for the demerger of treasury wine estates from foster s group was implemented on 20 may 2011 . 5 further write down of stock worth around 160m aud took place mid 2013 followed by the redundancy of david dearie and appointment of interim ceo warwick every burns . this left the business in a more fragile state as shares have dropped almost 2 aud to just above 4 . twe now works with accolade to promote bottling efficiency across regions stronger re enforcing its performance in asia australia new zealand and europe . operations edit the business is divided into four global regions australia and new zealand ; the americas ; europe ; middle east & africa and asia . globally the company manages over 12 000 hectares of vineyards with 4 000 employees in 12 countries with sales totalling over 35 million cases of wine annually generating revenues of a 2 billion . 6 brands edit winery region notes 7 19 crimes 1 acacia winery los carneros 2 annie s lane clare valley 3 previously named quelltaler . other labels copper trail . 8 bailey s of glenrowan ne victoria 4 9 beaulieu vineyard rutherford 5 belcreme de lys california central coast beringer vineyards napa valley the oldest continuously operating winery in the napa valley founded 1876 . the winery is on the national register of historic places as a historic district . 10 blossom hill california central coast 6 castello di gabbianno tuscany 7 chateau st. jean sonoma valley coldstream hills yarra valley 8 11 devil s lair margaret river 9 12 etude carneros 10 fifth leg margaret river 11 13 greg norman estates various heemskerk tasmania 12 other labels abel s tempest georg jensen 14 hewitt vineyard rutherford 13 ingoldby mclaren vale 14 15 jamiesons run limestone coast 15 16 killawarra se australia 16 created by seaview in 1971 . 17 leo buring clare valley & eden valley 17 lindemans hunter valley & coonawarra 18 18 matua valley wines marlborough 19 other labels angel cove 19 meridian central coast 20 metala langhorne creek 21 penfolds adelaide & barossa 22 20 pepperjack barossa valley provenance vineyards rutherford 23 rawson s retreat southeast australia rosemount mclaren vale rosenbloom celars 24 run riot california central coast saltram secret stone marlborough seppelt victoria shingle peak marlborough sledgehammer sonoma county squealing pig new zealand st hubert s yarra valley stags leap winery napa valley stellina di notte veneto sterling vineyards napa valley t gallant victoria wolf blass wynns coonawarrra yellowglen colores del sol argentina emma pearl central coast santa barbara collection central coast sbragia family vineyards sonoma county & napa valley st clement napa valley tierra secreta argentina maison de grand esprit france 25 21 piat d or references edit http www.fostersgroup.com news demerger scheme effective.aspx t. stevenson the sotheby s wine encyclopedia fourth edition p. 468 dorling kindersly 2005 isbn 0 7566 1324 8 . takeovers rarely work for shareholders michael west 10 june 2008 smh.com.au . foster s shareholders decide wine and beer don t mix . abc news . 29 april 2011 . retrieved 29 april 2011 . foster s group implements treasury wine estates demerger . just drinks . 23 may 2011 . retrieved 11 march 2016 . about us . treasury wine estates . retrieved 29 april 2011 . brands datas annie s lane bailey s of glenrowan beringer vineyards coldstream hills devil s lair fifth leg heemskerk ingoldby jamiesons run killawarra lindemans matua valley wines penfolds maison de grand esprit external links edit company website beringer vineyards beringer foster s pop champagne on deal v t e s & p asx 50 companies of australia s & p asx 200 agl energy amcor amp apa asciano aurizon anz asx bhp billiton brambles caltex australia coca cola amatil commonwealth bank computershare crown csl dexus goodman gpt incitec pivot iag james hardie lend lease macquarie medibank mirvac national australia bank newcrest mining oil search orica origin energy qbe insurance ramsay health care rio tinto santos scentre seek sonic healthcare south32 stockland suncorp sydney airport holdings telstra transurban vicinity wesfarmers westfield westpac woodside petroleum woolworths retrieved from https en.wikipedia.org w index.php title treasury wine estates & oldid 731894201 categories companies established in 2011companies based in melbournewine companiesmultinational companies headquartered in australiafoster s groupaustralian winehidden categories use dmy dates from september 2014use australian english from september 2014all wikipedia articles written in australian english navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version languages deutschfran ais edit links this page was last modified on 28 july 2016 at 05 52 . text is available under the creative commons attribution sharealike license ; additional terms may apply . by using this site you agree to the terms of use and privacy policy . wikipedia is a registered trademark of the wikimedia foundation inc. a non profit organization . privacy policy about wikipedia disclaimers contact wikipedia developers cookie statement mobile view