Exclusive news and research on the wine, spirits and beer business

Oregon’s King Estate Expands With Pfeiffer Winery Purchase

November 17, 2022

King Estate has acquired fellow Oregon winery Pfeiffer for an undisclosed sum. Pfeiffer’s 70-acre site in Junction City is planted mostly to Pinot Noir and Pinot Gris. It will expand King Estate’s planted vineyard area by about 15%, bringing it to above 1,000 acres, which the company says represents the largest biodynamic vineyard in North America.

King Estate’s namesake brand was up 23% to just under 150,000 cases last year, according to Impact Databank. The portfolio also includes North by Northwest, which has ranged from around 17,000-30,000 cases in recent years.

Overall, Oregon wines topped 5 million cases in the U.S. for the first time last year, as consumers continue to discover the category. Ste. Michelle Wine Estates also made a purchase in Oregon this year, acquiring the state’s second-ranked wine brand by volume—375,000-case player A to Z Wineworks—in September for an undisclosed sum.—Daniel Marsteller

Subscribe to Shanken News Daily’s Email Newsletter, delivered to your inbox each morning.

GET YOUR FIRST LOOK AT 2021 DATA AND 2022 PROJECTIONS FOR THE WINE AND SPIRITS INDUSTRIES. ORDER YOUR 2022 IMPACT DATABANK REPORTS. CLICK HERE.

Previous :  Next :