Casella 'excited' about PLW future

John Casella, the managing director of Casella Family Brands (CFB), has told TheShout that he is excited about the future of Peter Lehmann Wines (PLW), after buying the company last year. After reporting a financial loss for the first half of the year, Casella said this was to be expected because of the purchase of PLW as well as other tough market and economic conditions. Casella told TheShout: “There are obviously high costs associated with the change in ownership that have had a significant impact on the overall loss reported.

Reblogged 2 years ago from www.winebiz.com.au

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>