The parent company of Villa Maria has been conditionally sold to Indevin. Photo / 123RFThe parent company of Villa Maria has been conditionally sold to Indevin. Photo / 123RFMarlborough wine company Indevin has reached a conditional agreement to buy Villa Maria Estate Limited from its parent company FFWL. Malcolm McDougall, chairman of the Villa Maria board, said there was genuine compatibility between the two businesses. "We see this is a good outcome that provides certainty for the business, staff, customers, suppliers and the communities in which Villa Maria operates."

Source: New Zealand Herald August 01, 2021 22:41 UTC