Tatachilla was reborn in 1995 but has had a tumultuous history going back to 1903. Between then and '61 the winery was owned by Penfolds; it was closed in '61 and reopened in '65 as the Southern Vales Co-operative. In the late '80s it was purchased and renamed The Vales but did not flourish; in '93 it was purchased by local grower Vic Zerella and former Kaiser Stuhl chief executive Keith Smith. After extensive renovations, the winery was officially reopened in '95 and won a number of tourist awards and accolades. It became part of Banksia Wines in 2001, in turn acquired by Lion Nathan in '02. In 2017 it (along with all wine brands owned by Lion Nathan) was acquired by Accolade. Exports to all major markets.