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Cheers to the king of the Barossa Valley

Thursday, October 27 2011

ONE of Australia's most celebrated wineries, Seppeltsfield, has expanded its ownership of vineyards in the Barossa Valley by 500 per cent.

The winery yesterday bought a majority share of the former managed investment scheme, the Barossa Vines Limited Group, in a substantial restructuring of the business that involves the repayment of a major debt to BankSA.

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