Australasian Food Corporation Ltd (AFC) has reached an agreement to purchase Whangarei-based winemaking company Longview Estate, established and run by the Vuletich family since 1969. The brand is renowned for its White Diamond wine, popular with NZ-based Asian buyers. As part of the deal, Mario Vuletich and his daughter Maree will continue working for the company.
“AFC will own 51 percent of the Vineyard owning company, Australasian Food Corporation Longview Ltd, and there will be two other shareholders, NZ Silveray Group Ltd with 19 percent and a Chinese national Ms. Yinrui Shen with 30 percent,” said Brent King, director of AFC.
LONGVIEW ESTATE PURCHASED BY NZAX-LISTED COMPANY
