Australian Vintage signs deal for Invivo distribution

Wine group Australian Vintage Limited (AVG) is to distribute for New Zealand peer Invivo in the UK and Ireland. According to AVG, the five-year deal will see it take over the distribution rights for Invivo’s portfolio of Graham Norton, Invivo X SJP and namesake wines. The contract is expected to cover 500,000 cases and generate A$15m (US$10m) in annual revenue. In the year to the end of June, AVG recorded sales of A$257.1m, down 1% on the previous 12 months. When AVG announced its annual results in Aug ...