Wine Spectator: Kendall-Jackson Owners Buy California Pinot Powerhouse SiduriJanuary 30, 2015
Jackson Family Wines has raised its bet on high-end Pinot Noir with the purchase of Siduri, a Sonoma-based producer that has helped define the style of modern California Pinot with its numerous single-vineyard wines.
The sale includes the Siduri and Novy brands, winery equipment and inventory. Adam Lee, who founded the winery with his wife, Dianna, in 1994, will continue as lead winemaker for Siduri and Novy for at least three years. Dianna is stepping back from her duties at the winery.
The sale price wasn’t disclosed. The couple leases their Sonoma County winemaking facility and owns no vineyards. The Lees quietly put the winery on the market last summer to test the waters. Annual production approaches 27,000 cases between both labels—mostly small production, single-vineyard wines.
“I admire the wines that they have crafted over the years from some of the best Pinot Noir and Syrah vineyards in California and Oregon,” said Barbara Banke, chairman of Jackson Family Wines, in a statement. “I look forward to working with those growers and Adam to further the Siduri and Novy legacies.”
Jackson Family Wines, which owns Kendall-Jackson and a portfolio of wineries and vineyards in the United States and beyond, has been investing big in Pinot Noir in recent years, introducing multiple bottlings from labels such as La Crema, Hartford, Wild Ridge and Wind Racer. The firm has also focused more on single-vineyard wines, initially with Cabernet Sauvignons from Stonestreet, Vérité and Lokoya. Now they’re bringing the same approach to Pinot Noir. They recently bought the Zena Crown and Gran Moraine vineyards in Oregon’s Willamette Valley. Wine Spectator has the full story.
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