Deal restores Dalwood name

“IN a major coup for Hunter Valley wine history, the Iris Capital group of Sydney hotelier and developer Sam Arnaout has bought the right to restore the Dalwood name to the Branxton home of Australia’s oldest continuously operating vineyard estate.

In a deal negotiated with the Penfold arm of ASX-listed Treasury Wine Estates (TWE) over several months, Mr Arnaout will be able to call the property Dalwood and produce wine under the Dalwood label.”