Chapter Seven

However, at the end of the 1980s, Transfield was compelled to place on the market a number of its assets. The acquisition of both the Williamstown Dockyard in Melbourne and the AMECON defence consortium were stretching the company's finances.

In April 1988, Transfield sold the Montrose, Craigmoor and Amberton Wineries to Wyndham Estate Wineries for approx. $10 million.  


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April 1986. Luca tasting Chardonnay at the opening of Craigmoor Winery Restaurant.