$120 million is apparently not enough for West Australian producer Palandri to expand into the US market. Having already raised this sum in separate offerings, Palandri reckons it needs another $30 million to gear up in the US and to plant another 45 ha of vines. The company plans to offer investors units in Palandri American, a separate business that will use Marie Brizard to sell its wine in the US. Sort of makes you wonder what the first $120 million was spent on!



