Delegat's Group Limited (NZSE:DGL) entered into an agreement for sale and purchase to acquire Winery, Vineyard and other assets from Barossa Valley Estate Limited for AUD 24.7 million in cash on April 24, 2013. The transaction will be funded through existing bank facilities. The transaction is subject to satisfaction of incidental conditions precedent. The settlement for the transaction is expected to occur in June 2013.

Delegat's Group Limited (NZSE:DGL) completed the acquisition of Winery, Vineyard and other assets from Barossa Valley Estate Limited on June 19, 2013.