Acquisitions

Hidden Oaks Vineyard in Clements, Calif., was recently purchased for $3.2 million by FarmTogether Inc. The 102-acre organic cabernet sauvignon vineyard will continue its operations with the new owners overseeing the business management and production of the vineyard. The Land Advisors Organization's agriculture specialists Quinn Mulrooney and

St. Supery Estate Vineyards & Winery purchased a 48-acre vineyard in Napa Valley's Rutherford appellation. The seller was LMR Wine Estates, and the transaction was estimated to be valued at $14.8 million. The purchase brings St. Supery's Napa Valley holdings to more than 1,600

Now is the time to prepare for the next wave of beverage mergers and acquisitions, whether it's lining up targets, getting finances in order, or identifying the biggest long-term trends that you need to lay the groundwork for now, Jim Watson, RaboResearch senior beverage analyst, says in a

Molson Coors Beverage Company agreed to acquire Blue Run Spirits (“Blue Run”), an  award-winning producer of finely crafted bourbon and rye whiskies. The deal represents another step in Molson Coors’ evolution as a total beverage company while providing Blue Run with resources to continue its growth, the companies said. . Based

Spring Mountain Vineyard named Peter Ekman CEO as it emerges from Bankruptcy Act proceedings following its purchase by MGG Investment Group and injection of new capital. Ekman has more than 25 years experience in revitalizing businesses. Numerous renovations are planned to the 845-acre property which was the setting for the

Ste. Michelle Wine Estates plans to reduce total anticipated grape supply by 40% over the next five years, and has begun negotiating with individual growers over contracts it no longer wishes to continue. News of Ste. Michelle's cutback was delivered at a meeting with growers, according to Sean

Rack & Riddle acquired Weibel Family Winery in Lodi, Calif.  The acquisition makes Rack & Riddle the largest premium, custom sparkling wine producer in the U.S. Rack & Riddle began in 2007 as a small company focused on producing superior sparkling wine on contract for other wineries using the

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

Marchesi Frescobaldi said it agreed to purchase Domaine Roy & fils, one of Oregon's most prestigious wine producers located in the heart of the Willamette Valley.  The transaction is expected to close before the end of July 2023. Terms weren't disclosed. Lamberto Frescobaldi, President Marchesi Frescobaldi