A dozen well-liked Kiwi wine products have exchanged hands in a contract amid two drinks industry heavy-duty. According to Pernod Ricard New Zealand it had settled to trade preferred Gisborne and Hawkes Bay wine products and properties to Lion Nathan New Zealand and its combined venture associate Indevin for $88 million.

The transaction caught up 12 brands, counting Lindauer, Saints, Verde, and Corbans.