Vintage Wine Estates has purchased Laetitia Vineyard & Winery. Terms weren’t disclosed. Laetitia, located in the Arroyo Grande AVA, overlooks the Pacific Ocean and has 680+ vineyard acres.
The winery is known in particular for Pinot Noir, scoring consistently in the mid-to-high 90 points. Laetitia also produces distinctive Méthode Champenoise sparkling wines and Chardonnay.
“We are strongly committed to the Central Coast winegrowing region, and Laetitia will be the home and hub of our Central Coast production and operations moving forward,” said Vintage Wine Estates CEO Pat Roney.
Vintage Wine Estates recently acquired Qupé Winery (Arroyo Grande) and Alloy Wine Works (Paso Robles). Clayhouse Wines (Paso Robles) was purchased by Vintage Wine Estates in 2016. The wine company, owned by a group of California vintner families, has long sourced fruit from the Central Coast regions for many of its popular brands, including Layer Cake, Purple Cowboy and Horseplay.
Current Head Winemaker Eric Hickey will stay on as a member of the Vintage Wine Estates winemaking team. Eric Hickey started his association with Laeticia at the age of 16.
The purchase includes production facility, inventory, vineyards, tasting room and estate guest house.
Zepponi & Co. served as the exclusive financial advisor to Laetitia Vineyard & Winery.