Wine entrepreneur Franklin Tate is selling two key private assets – a South West vineyard and an Eagle Bay pad – following the collapse of his business centred on Margaret River operations.
Insolvency practitioners have taken control of Margaret River wine producer Tate Wine, the latest local alcoholic beverage maker to buckle under industry headwinds.
A company linked to Hong Kong's richest person has emerged as the buyer of a major vineyard in the Margaret River region, its fifth local purchase in recent years totalling $25 million.
