# Treasury Wine Estates

> Treasury Wine Estates is one of the world's largest listed wine companies, spun out of Australia's Foster's Group in 2011 and headquartered in Melbourne. It owns and makes premium and luxury wine across brands led by Penfolds, DAOU and Matua, plus 19 Crimes, Wolf Blass, Lindeman's, Beringer, Wynns and dozens more, with vineyards spanning Australia, New Zealand, California, France, Italy and Chile. The company sells in more than 70 markets and is deliberately shrinking its brand count to focus on high-margin luxury wine.

- **Founded:** 2011
- **Headquarters:** Melbourne, Australia
- **Founders:** Foster's Group (demerger) (Parent company that spun out TWE in 2011), Christopher Rawson Penfold (Founder of heritage brand Penfolds (1844))
- **Team size:** ~2,500 employees
- **Products:** Penfolds, DAOU Vineyards, Matua, 19 Crimes, Wolf Blass
- **Notable:** Built one of the world's largest listed pure-play wine businesses from the Foster's demerger in 2011., Grew FY2025 net sales revenue to A$2.94 billion with EBITS up 17% to A$770.3 million., Acquired DAOU Vineyards (2023) and Frank Family Vineyards (2021) to scale its luxury Americas portfolio.

## Products & services

- **Penfolds** — Flagship luxury brand founded in 1844, home of Grange and a growing multi-country range including Californian, French and Chinese sourced wines.
- **DAOU Vineyards** — Paso Robles, California luxury Cabernet brand acquired in 2023 for A$1.4bn-plus, now a designated 'power brand'.
- **Matua** — New Zealand brand positioned around refreshment-led, culturally relevant wine occasions; named a 'power brand'.
- **19 Crimes** — Commercial-to-premium brand known for augmented-reality talking labels and pop-culture collaborations.
- **Wolf Blass** — Long-standing Australian brand spanning value to premium tiers.
- **Beringer** — Historic Napa Valley winery (founded 1876), core to TWE's Americas premium portfolio.
- **Regional and heritage brands** — Includes Wynns, Seppelt, Lindeman's, Squealing Pig, Pepper Jack, Frank Family Vineyards, Stags' Leap, Beaulieu Vineyard and others.

## Achievements

- Built one of the world's largest listed pure-play wine businesses from the Foster's demerger in 2011.
- Grew FY2025 net sales revenue to A$2.94 billion with EBITS up 17% to A$770.3 million.
- Acquired DAOU Vineyards (2023) and Frank Family Vineyards (2021) to scale its luxury Americas portfolio.
- Established Penfolds as a genuinely multi-country luxury brand sourcing from Australia, California, France and China.
- Reduced Scope 1 and 2 emissions by roughly 66% since FY2021 and targets net zero by 2030.

## Latest updates

- **2026-06** — Announced a portfolio simplification: cutting brands from 76 to fewer than 30 and product lines from 1,690 to 738, targeting 90% of sales from power brands and regional heroes within five years.
- **2025-10** — Sam Fischer, former CEO of Lion, became CEO and managing director, succeeding Tim Ford after 14 years with the company.
- **2025-08** — Reported FY2025 results: net sales revenue up 7.2% to A$2.9bn and EBITS up 17% to A$770.3m, driven by Penfolds and a full year of DAOU.

## Links

- Website: https://www.tweglobal.com
- LinkedIn: https://www.linkedin.com/company/treasury-wine-estates
- Twitter/X: https://twitter.com/TWE_Global
- Facebook: https://facebook.com/TreasuryWineEstatesTWE/

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Last updated: 2026-08-13