Accolade Wines has sold its historic Houghton winery, home to the brand since 1836, to Oakover Vineyards.
Oakover, which is adjacent to the Houghton winery, is owned by third generation Swan Valley farmer Mark Yukich.
It follows last month's sale of the Knappstein Wines label and assets to Yinmore Wines and the Stanley winery in Sunraysia to Duxton Vineyards Group.
Under the terms of the latest agreement, Oakover Vineyards will acquire the winemaking facility at Middle Swan along with the adjoining cellar door and vineyard.
Accolade will continue to own and produce the Houghton brand at its existing Western Australia winery at Nannup.
Oakover Vineyards was one of the original properties established in the Swan Valley in the 1830s. Some of the Swan Valley’s first grapevines were planted on the Oakover land by Samuel Moore in the early 1850s.
Oakover Vineyards executive chairman Graeme Yukich said: “We are very excited to have this opportunity to bring the ownership of the Swan estate back to Western Australia.
“The family bought the land that Oakover Grounds sits on from Houghton winery 30 years ago, and now we’re finally putting the entire plot back together again.”
Accolade executive chairman Ari Mervis said: “We’re happy that through this transaction we have been able to ensure the winery will continue to operate in the Swan Valley.
“Over the past year, Accolade Wines has been actively reviewing its production footprint across Australia to ensure that we have the appropriate facilities in the right places to support our plans to increase sales of some of Australia’s preferred wines both locally and overseas.
“We look forward to growing and expanding our award winning brands in key markets around the world.”
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