Gaetjens Pickett Valuers is a valuation practice which specialises in the valuation of wine industry assets, being one of the few practices with experience and expertise in all facets of the industry including:
Property components comprising land and buildings of vineyards and wineries.
Winery and vineyard plant and equipment.
Bulk and bottled wine inventory.
Wine businesses, comprising all of the above assets together with the business value typically embodied in goodwill, brands and other intangible assets.
We are obviously not accountants and do not undertake financial analyses of wine businesses but nonetheless have a solid understanding of the business model.
We are one of the few, maybe the only, valuation practice able to walk into any winery in the country and value the complete facility including the plant. We think this is very important as the plant value can typically be 90% of the winery value. To expect a valuer with no ability or experience with plant and equipment to arrive at a sensible value is asking a lot.
We have undertaken complete valuations of winery facilities from boutique to massive commercial facilities of more than 120,000 tonnes capacity.
We value for banks, being on the valuation panels of most of our banks, for public and private companies, private investors, purchasers and sellers.
The firm is also regularly, but less frequently, instructed to value other agribusiness properties, principally almond and olive plantations.