Category Archives: Acquisitions

Sycamore Partners Completes Acquisition of Ste. Michelle Wine Estates

Posted on October 3, 2021 by Joel Whitaker

As expected, Sycamore Partners, a private equity firm specializing in consumer, retail, and distribution investments, said it completed its acquisition of Ste. Michelle Wine Estates from Altria Group, Inc. “We believe Ste. Michelle Wine Estates’ outstanding portfolio of iconic wine brands … Continue reading →

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Vintage Wine Acquires Vinesse

Posted on September 28, 2021 by Joel Whitaker

Vintage Wine Estates said it was acquiring substantially all the assets of  Vinesse for $14 million, with a $2.5 million earnout over three years.  Vinesse has annual revenue of about $20 million. Vinesse  LLC is a direct-to-consumer platform company specializing in … Continue reading →

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Chateau Quintus Acquires Chateau Grand-Pontet

Posted on September 28, 2021 by Joel Whitaker

Château Quintus is acquiring Château Grand-Pontet, a Grand Cru Classé, located in an exceptional position just a few meters from the village of Saint-Emilion and only 1 km to the north of its existing parcels. This property is surrounded by … Continue reading →

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Merryvale Acquires Mt, Veeder Vineyards

Posted on September 16, 2021 by Joel Whitaker

Merryvale Vineyards said it acquired Lampyridae Vineyards on Mt. Veeder, a high elevation site featuring Cabernet Sauvignon, Cabernet Franc, Zinfandel, Syrah and Grenache on 13 planted acres. With this purchase, Merryvale increases its total estate vineyard holdings to 76 planted … Continue reading →

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Clerkin Seeks to Develop Digital-First Bev/Al Brands

Posted on September 9, 2021 by Joel Whitaker

Jim Clerkin, former CEO of the Americas for Moët Hennessy and Jim Beam, and Jeff Menashe, Founder and CEO of Demeter Advisory Group, a leading investment bank to the adult beverage industry, unveiled a new company, Demeter & Co., that … Continue reading →

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Justin Vineyards & Winery Acquires Napa Valley’s Lewis Cellars

Posted on September 1, 2021 by Joel Whitaker

Lewis Cellars will remain under the leadership and guidance of Randy Lewis and Dennis Bell, while benefiting from the established marketing, strategy, and sales teams behind Justin, Landmark, and JNSQ.  Terms weren’t disclosed. “We are excited to join forces with the Justin team,” … Continue reading →

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