• Executed 5-year distribution agreement with Invivo & Co for Graham Norton, Invivo X SJP and Invivo branded wines
• AVG to represent Invivo portfolio in UK and Ireland
• Expected to add 500,000 cases and $15 million in annual revenue

Australian Vintage Limited (ASX: AVG) has announced that it has executed a distribution agreement with Invivo & Co Limited for its portfolio of Graham Norton, Invivo X SJP and Invivo branded wines. Under the agreement, AVG will represent the Invivo portfolio in the United Kingdom and the Republic of Ireland for a term of five years. The distribution by AVG will commence at the end of Invivo's current distribution arrangements in the UK. This range of innovative, award-winning wines is complementary to the existing AVG portfolio. The partnership is expected to add 500,000 cases and $15 million dollars in annual revenue and is margin and cash flow accretive. CEO of AVG Tom Dusseldorp stated that the company is focused on leveraging all its assets to grow shareholder value, and that partnerships like this allow AVG to strategically grow its brand portfolio in desirable wine segments while driving innovation and protecting its core brands.

The partnership with Invivo & Co is expected to add 500,000 cases and $15 million in annual revenue.