Treasury Wine Estates Ltd., Melbourne, Australia, has reached an agreement 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.
Riboli Family Wines announced the launch of all-new packaging for its San Simeon portfolio. The new packaging brings a bolder look through clean lines and showcases an embossed gold foil trident emblem, it says.
Wine and spirits wholesaler adds new markets with California-based wine group
March 28, 2023
The Wine Group (TWG), Livermore, Calif., and Southern Glazer’s Wine & Spirits, Miami, announced that they have expanded their relationship to form a national strategic alignment. The new agreement includes a portfolio expansion in the open markets of the District of Columbia, Florida, Indiana, Louisiana, Maryland, Oklahoma, South Carolina, and Texas, as well as the brokerage markets of Maine, Mississippi, and New Hampshire. The Wine Group will begin the transition of its portfolio to these markets beginning April 1, with Southern Glazer’s exclusive responsibility taking effect May 1.
California vintner aims to cultivate ultimate 2021 Friendsgiving
October 19, 2021
Hopland, Calif.-based Fetzer announced its Thanksgiving campaign ahead of its key selling period. Developed with media agency Cutwater, Here's to #Friendsgiving offers a 2021 take on Fetzer's traditional Thanksgiving campaigns, as America's most diverse generation yet comes to the table with new ways to connect and with new favorite foods, the company says.
The Hess Collection released its first new estate Cabernet Sauvignon in 20 years. Named after the recently acquired Iron Corral Vineyard, the 2019 Iron Corral Cabernet Sauvignon is the most recent addition to the estate wines from The Hess Collection.