Vintage Wine Estates Brings in $75M in Growth Capital

Amidst speculation this week that Vintage Wine Estates (VWE) would be a logical acquisition target for Treasury Wine Estates, VWE has announced it received $75 million in new funding. ARG Partners, a food and agribusiness investment firm, has taken a minority interest in the wine company, providing new capital to help fuel growth.VWE plans to use its $75 million, which includes ARG's money as well as some from existing shareholders, to support future acquisitions and expansion-related production efficiencies, per a