News Briefs for April 28, 2017April 28, 2017
•Lodi, California-based Michael David Winery has purchased the Geyserville winery, tasting room and vineyards formerly owned by Silver Oak Cellars. No brands were included in the transaction, and the price wasn’t disclosed. The purchase includes 12 acres of Alexander Valley Cabernet Sauvignon, and expands Michael David’s presence in California’s North Coast region. Michael David’s 7 Deadly Zins, an Impact “Hot Brand,” grew 15% to more than 300,000 cases in the U.S. last year. Silver Oak is relocating to a new Alexander Valley production facility in June.
•Family-owned Chilean winery Viña Aresti has partnered with U.S. importer Vinamericas. Previously, Viña Aresti’s wines were imported by Broadbent Selections. Viña Aresti markets three wines in its Special Release Reserva series ($15 a 750-ml.), three wines under its Trisquel tier ($22 a 750-ml.), and Código de Familia ($100), a red blend. In total, Viña Aresti bottles eight million liters of wine annually, half of which is sourced from family-owned estate vineyards. Through Vinamericas, Viña Aresti plans to add up to 10 new U.S. markets within the next six months.Subscribe to Shanken News Daily’s Email Newsletter, delivered to your inbox each morning.