GRIMSBY, ONTARIO--(Marketwired - Oct. 7, 2015) - Andrew Peller Limited (TSX:ADW.A)(TSX:ADW.B) (the "Company") announced today that its Global Vintners Inc. ("GVI") subsidiary has been recognized by Clean50 as one of its Top 15 Projects for GVI's innovative approach to environmental sustainability. Global Vintners had retained Enviro-Stewards Engineers to identify practical measures to reduce its environmental footprint while also increasing profitability.
The award-winning project has identified opportunities to save significant amounts of water, electricity and natural gas while at the same reducing the use of approximately 27 hectares of vineyards to produce the same quantity of finished product. The sustainability measures implemented to date are expected to result in savings of approximately $300,000 annually with a payback on investment within only 1.2 months of implementation.
Canada's Clean50 annually recognizes Canada's leaders in sustainability for their contributions over the prior two years. The Clean50 Top15 Projects recognize those projects completed in the prior two years based on their innovation and their ability to inform and inspire other Canadians.
"We are very proud to have received this prestigious recognition for our commitment to environmental sustainability," commented John Peller, President and Chief Executive Officer. "This award demonstrates that our focus on reducing our environmental footprint can also generate reduced costs and enhanced profitability, key goals in enhancing shareholder value over the long term."
About Andrew Peller Limited
Andrew Peller Limited is a leading producer and marketer of quality wines in Canada. With wineries in British Columbia, Ontario, and Nova Scotia, the Company markets wines produced from grapes grown in Ontario's Niagara Peninsula, British Columbia's Okanagan and Similkameen Valleys, and from vineyards around the world. With a focus on serving the needs of all wine consumers, the Company also produces and markets premium personal winemaking products through its wholly-owned subsidiary, Global Vintners Inc., the recognized leader in personal winemaking products. Global Vintners distributes products through over 170 Winexpert authorized retailers and more than 600 independent retailers across Canada, the United States, the United Kingdom, New Zealand, Australia, and China. Global Vintners award-winning premium and ultra-premium winemaking brands include Selection, Vintners Reserve, Island Mist, KenRidge, Cheeky Monkey, Ultimate Estate Reserve, Traditional Vintage, and Cellar Craft. More information about the Company can be found at www.andrewpeller.com.
Andrew Peller Limited common shares trade on the Toronto Stock Exchange (symbols ADW.A and ADW.B).
(October 7, 2015 - 2:35 PM EDT)
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