Diva’s Australian and NZ Entities Set to Merge
Diva Networks Group Managing Director, Nick Waterman, has announced that Diva Australia and Diva New Zealand will be merging on July 1st. The Hill Smith family, proprietors of world-class brands Yalumba and Nautilus, will thus be owners of both entities.
According to Waterman, “We feel that the Diva New Zealand portfolio will complement our existing Diva Australia business and make us an antipodean specialist.”
The Diva Network, the international wine and spirits distribution company which was created in 1979 by Pierre Beuchet, confirms today its dynamism in the world of wine merchants. With a turnover of €68.2m in 2017, the group continues to grow on a worldwide scale, with an increase of 6% over 2016. Europe is the fastestgrowing region with a growth of 11.3% and reaffirms its rank of #1 market, shortly before Asia which confirms its key place with a rise of 4.4%. The Americas remain stable as the third region, ahead of Oceania and Africa.
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