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Andrew Peller Ltd T.ADW.A

Alternate Symbol(s):  T.ADW.B | ADWPF

Andrew Peller Limited is a producer and marketer of wines and craft beverage alcohol products in Canada. With wineries in British Columbia, Ontario and Nova Scotia, the Company markets wines produced from grapes grown in Ontario’s Niagara Peninsula, British Columbia’s Okanagan and Similkameen Valleys, and from vineyards around the world. Its premium and ultra-premium Vintners’ Quality Alliance brands include Peller Estates, Trius, Thirty Bench, Wayne Gretzky, Sandhill, Red Rooster, Black Hills Estate Winery, Tinhorn Creek Vineyards, Gray Monk Estate Winery, Raven Conspiracy and Conviction. It imports wines from various wine regions around the world to blend with domestic wine to craft these products. It also produces craft beverage alcohol products, including No Boats on Sunday ciders and seltzers, and various spirits and cream whisky products under the Wayne Gretzky No. 99 brand. It produces and markets premium personal winemaking products through its subsidiary, Global Vintners Inc.


TSX:ADW.A - Post by User

Comment by johnathamiltonon Dec 17, 2023 8:34pm
87 Views
Post# 35789102

RE:Doug Ford, wine and beer.

RE:Doug Ford, wine and beer.When France and Italy are having difficulty selling all the wine they make (France is paying 200M euros to dump excess wine), there is a world wide problem of over-production and declining demand which is not working in this company's favour. 

Domestically in Canada, we also have excess production capacity and declining demand as the boomers are starting to expire (the oldest boomers are soon turning 78!) and the younger demographics are not consuming the same amount of wine. 

I'm not surprised at the family disagreements. I think the number of failed attempts to move the CEO position out of the family demonstrates the difficulty of leading a family business in a structurally difficult environment. 
 
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