After 24 years of partnership Bill Stoller has purchased Harry Peterson-Nedry’s share of equity in Chehalem Winery, Dayton, Ore. Terms weren’t disclosed.
The transition in ownership will reduce the workload for Peterson-Nedry, who turned 70 years-old in December. It will allow him to devote his full attention to managing his 48 vineyard acres in Ribbon Ridge, crafting wines for RR – a small winery he created 16 years ago – and continue his involvement with the Oregon wine industry
“Harry Peterson-Nedry has been a mentor to me,” said Stoller. “When Harry first asked me to be an investor, I saw an opportunity to help fund a friend’s dream and the chance to be a part of something with the potential to be iconic. As we enter this next chapter, I am honored to shepherd Chehalem’s legacy.”
“No one understands more how special the Chehalem brand is, how much passion and rigorous work it has taken, how much collaboration with other Willamette Valley pioneering wineries has gone on, than Bill,” said Peterson-Nedry. “I take comfort knowing he will respect its heritage in a way that no one else could.”