By James Atkinson
Accolade Wines has confirmed it is in exclusive discussions to acquire the Barossa Valley's Grant Burge Wines.
Accolade released a short statement this morning confirming talks were underway, in response to media speculation at the end of last week.
"There is no guarantee that a final agreement will be reached as a result of the discussions," the company said.
"In the event that an agreement is reached, Accolade Wines and Grant Burge Wines will release a statement."
Grant Burge Wines was founded in 1988 by Burge, a fifth generation Barossa winemaker, and wife Helen. Their eldest son Toby is the company's vineyard manager.