A spokesman for Redlands, Mildura businessman and horticulturist Greg Hutchinson, confirmed yesterday his company had bought Neqtar’s wine-making assets in Irymple and Merbein. Redlands Wine company is backed by a consortium of seven private investors: five from Sunraysia, and two from Sydney.

Mr Hutchinson declined to identify the other investors or the price they had paid for Neqtar’s assets.

He said the deal was confined to Neqtar’s winemaking assets, and does not include Neqtar’s failed subsidiary, SdS Beverages, which produces fruit and vegetable juices and concentrates.

For more of this story, purchase your copy of Wednesday’s Sunraysia Daily 30/09/2009.