Opici Wines & Spirits agreed to acquire Pacific Highway Wines from Robert Oatley Vineyards and Giesen Group, Pacific Highway's owners. With the addition of the Pacific Highway Wines portfolio, Opici's business will exceed 1 million 9-liter cases annually. Terms weren't disclosed.
“This acquisition is a unique strategic opportunity to add a complementary portfolio and drive growth for our national business.”, Don Opici, CEO, said in an internal announcement.
The merged business will be led by Don Opici, CEO with Mark Giordano, the current president of Pacific Highway taking on the role of President, Opici Wines & Spirits.
"Bringing the Pacific Highway Wines family into our Opici family business provides the opportunity to add resources to support national account and local sales efforts across the country. The multi-generational wine brands, luxury offerings, and innovative non-alcohol premium wines coming into our portfolio are spectacular. Together our portfolio sets us apart as one of the most coveted, family-centric importers in the US today.”
The Pacific Highway portfolio showcases family-owned and independent brands from coveted wine regions across the globe, with offerings from premium brands spanning Argentina, Australia, California, Chile, France, Italy, New Zealand, Oregon, Spain and Uruguay. The portfolio offers category leadership in innovative Non-Alcohol wine offerings, Alternative Formats, and Certified Organic and Fair Trade offerings.