A trio of local businessmen that includes veteran Hunter Valley winemaker Colin Peterson has snapped up the renowned Two Rivers Vineyard near Denman for $9.65 million as fears about a grape glut in the region prove unfounded.
Included in the offering was a 42-hectare parcel with approval for a 20-lot subdivision as well as 30 hectares of irrigated river flats being used for cattle grazing.Records show the new owner is TR Denman Vineyards, a company directed by Mr Peterson, whose late parents Ian and Shirley established Petersons Wines at Mount View in 1971, coal marketing veteran Ross Crump and another local businessman, Jamie Benson.
Source: Real Estate Daily Report (realestatedailyreport.net)
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