British Columbia: Holman Lang Winery Sold
British Columbia: Holman Lang Winery Sold
Feb 11, 2011 6
The first winery from the Holman Lang Group, in receivership since November 2010, has a new owner this morning following a court-ordered sale last week. Stonehill Estate Winery, on the Naramata Bench outside the Southern Okanagan city of Penticton, sold to North Vancouver-based Banbury Holdings Ltd. for $1.3 million in a court-ordered sale.
Banbury principal Roger Abbott is not currently involved in the British Columbia wine industry, but Michael Cheevers, president of receiver manager Wolrige Mahon Ltd., told Wines & Vines that the company does have connections with the sector.
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