Seva Surmei features in InDaily – vineyard transaction activity in South Australia

27 April 2021

DMAW Lawyers’ Seva Surmei was recently interviewed by InDaily about the current economic climate for the South Australian wine industry, including the impact of China’s tariffs. The article also includes contributions from Stephen Strachan of Langley & Co Advisors and Brian Smedley of the South Australian Wine Industry Association, with key statistics from Wine Australia on production, sales and inventory for 2019/2020.

Seva Surmei with our team at DMAW Lawyers has advised on a number of wine business and vineyard sales in the first quarter of 2021, and sees that the industry is remaining relatively steady, noting that we are nearing a time of the year when wine industry businesses will be assessing their future and may look to export to different markets, bring forward their succession plan or sell.