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Acquisitions

Oak Solutions Acquires Innerstave

Oak Solutions Group, Napa, Calif., said it acquired Innerstave, which pioneered the oak alternative industry. Terms weren't disclosed. “The Innerstave acquisition will give us the opportunity to sell additional stave formats and expand our market share in North America, South America, and globally,” said Oak Solutions Group Global

Treasury Wine Estates Acquires Fastest- Growing Luxury Wine brand in the U.S., DAOU Vineyards

Treasury Wine Estates Ltd said it agreed to acquire DAOU Vineyards, the acclaimed luxury wine business founded by brothers and co-proprietors Georges and Daniel Daou for an upfront consideration of $900 million, plus an additional earn-out of up to $100 million. This transformative deal will accelerate TWE'

RNDC Acquires Natural State Distribution in Arkansas

Republic National Distributing Co. (RNDC), one of the nation’s leading wholesale beverage alcohol distributors, acquired Natural State Distributing, an independently-owned wine and spirits distribution and import company in Fayetteville, Ark. Terms weren't disclosed. “We are thrilled about the opportunities in Arkansas,” said Nick Mehall, RNDC President

Dennis Murphy Acquires Shares in Seven Hills Vineyard

Dennis Murphy, Owner/Winemaker at Caprio Cellars, acquired the ownership interest of TIAA/Nuveen/PCP Partners and the Leonetti/Figgins Family in the Seven Hills Vineyard, one of Walla Walla's most historic vineyards. The transaction includes the SeVein Vineyards. Murphy is also CEO of Murphy Homes, a Pacific

Opici Completes Acquisition of Pacific Highway, Names New Leadership Team

Opici Wines & Spirits completed the acquisition of Pacific Highway Wines and introduced an expanded leadership team composed of executives from both Opici and Pacific Highway. Don Opici will be CEO. He joined the family business in 2005 after graduating from Columbia Business School. Mark Giordano moves to the role

A-B to Sell Virtue Cider Back to Founder

Anheuser-Busch InBev plans to sell Virtue Cider, Fennville, Mich., to Greg Hall. Hall, the former brewmaster for Goose Island Beer Co., and 30 other investors founder Virtue Cider in 2011. After the ABI transaction is completed, Hall will be to sole owner of the cidery, according to filings with

Vine Cliff Winery Sold to Canadian Firm

Nell and Charles “Chuck” Sweeney, who acquired the land in the mid-1980s, agreed to sell their winery to SCW Fund Corp. as part of their divorce agreement, according to court filings. Terms weren't disclosed. The sale includes nearly 100 acres on a hillside east of the Silverado