Seppeltsfield, once one of the true icons of Australian wine, had fallen under the radar when the Barossa Valley winery with such extraordinary stocks of old fortified wines passed through the ownership of Southcorp and then to Foster’s, the multinational wine company that also owns Penfolds, Wolf Blass and Beringer. Locals and Australian wine fans feared that Foster’s would break up the property, sell off the vineyards or let it fall apart“Foster’s just didn’t know what to do with it,” says Nathan Waks, CEO of the partnership that purchased the property last year.
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