Australian firm Johnson Winter Slattery (JWS) and U.S. firm Sheppard Mullin are advising American winemaker DAUO Vineyards on its $1 billion sale to Australia’s Treasury Wine Estates.

Herbert Smith Freehills is advising Treasury Wine Estates (TWE) on the deal which will include the DAOU brand, DAOU Mountain Estate and hospitality site, four boutique luxury wineries and around 400 acres of vineyards in the Adelaida District of Paso Robles.