Treasury Wine is an Australia-based wine corporation, and one that's not run very well. In the U.S. they own Beringer, Chateau St. Jean and a number of other wineries. Treasury has been in the news over the past year or so, and it's never been good news. It appears they are about to sell to a U.S. private equity firm who might be looked at as a savior with the cash to turn it around or they could be seen as corporate raiders. Yes, they'll have money to invest, if that's what's needed (can you fix bad management by throwing money at it)? Most likely they're looking for a fairly rapid turn-around in Treasury Wine so they can sell them off for a profit.
Articles from BBC and from Santa Rosa Press Democrat
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