Ann: DW8 to acquire logistics solution, appoint Dean Taylor CEO, page-3

With respect, I suggest you go and re-read the announcement, and go a do some research on Mr Taylor.

I think it is extremely positive for Dawine.

With 50% annual growth last year taking it to $1 billion in trade for Australian wineries, China is a logical starting point for the global roll out of our ‘smart logistics’ solution. It’s an emerging market with no legacy wine distribution infrastructure, dominated by just a handful of well-known wine brands. Providing a platform that allows thousands of other Australian and New Zealand wine brands to access and develop a presence in that market is exciting.

At the same time we believe that there’s immense potential for our platform within the existing Australian liquor distribution market, estimated to be worth over $5 billion. It allows key stakeholders to reduce delivery costs and fulfillment times while releasing working capital that is typically tied up in inventory holdings."

Cheers