Acquisitions

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

Two days after Benjamin Bosis started a petition on Change.org to support creating a fund or finding a buyer so Anchor Brewing Co. can separate from Sapporo and operate independently, Narragansett Beer did the same thing. The Narragansett petition notes that "18 years ago, our community rallied together

Wallowing in red ink, Anchor Brewing Co., is closing its doors on Potrero Hill, San Francisco.  The brewery was "losing millions of dollars a year," said Sam Singer, spokesman.  "Economic pressures made the business no longer sustainable." Employees were notified of the closure by email Wednesday

Marchesi Antinori, one of the oldest Italian family-owned fine wine producers, has completed its previously announced acquisition of Stag's Leap Wine Cellars from Ste. Michelle Wine Estates, the largest winery in the Pacific Northwest and among the largest premium wineries in the U.S. This acquisition is the

Rodney Strong Wine Estates (RSWE) said it acquired River West Vineyard, a premium quality vineyard totaling 335 acres in the world-renowned Russian River Valley appellation of California. River West Vineyard has served as a single vineyard source of Chardonnay for several Rodney Strong Vineyards and Davis Bynum Wines since the

All Over Media, the largest multi-platform out-of-home media company in the U.S., has just acquired Boxi, the nation's largest truck media company.  Terms weren't disclosed. “In the twelve months ending in March 2023, U.S. drivers have logged 3.27 trillion miles, higher than any