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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,〔http://www.fostersgroup.com/news/demerger-scheme-effective.aspx〕 was the wine division of international brewing company Foster's Group. ==History== 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.〔T. Stevenson ''The Sotheby's Wine Encyclopedia'' Fourth Edition p. 468 Dorling Kindersly 2005 ISBN 0-7566-1324-8.〕 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.〔(Takeovers rarely work for shareholders ), Michael West (10 June 2008) smh.com.au.〕 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. 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. 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. 抄文引用元・出典: フリー百科事典『 ウィキペディア（Wikipedia）』 ■ウィキペディアで「Treasury Wine Estates」の詳細全文を読む スポンサード リンク
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