New Zealand Wine Giant Villa Maria Saved from Liquidation
Villa Maria is being bought by Indevin. Villa Maria was put on the market by parent company FFWL after the latter reportedly racked up debts of more than NZ$200m ($140m). FFWL, which was established by Villa Maria founder Sir George Fistonich in 2018 – the same year Fistonich was stepped down as Villa Maria CEO – went into receivership in May of this year. (Wine-Searcher)
Ancient Roman wine shipwreck found near Sicily
Researchers have found the ruins of a ship believed to have been transporting wine and olive oil in the Mediterranean more than 2,000 years ago. (Decanter)