New Crushpad owner aims to 'rebuild trust'
New Crushpad owner aims to 'rebuild trust'
Aug 13, 2012 6
(Decanter) - The new owners of the assets of beleaguered custom winemaking company Crushpad are on the hunt for new facilities as they try to rebuild trust in the troubled business. Using two newly created companies, Structural Solutions and Aspect 2, private equity business Castlegate Capital Advisors bought Crushpad’s assets at public auction for just over US$650,000 – the same amount as the company debt previously acquired by Castlegate.
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