Tag Archive: Daou

Daou Acquisition, Luxury Growth Boost Treasury Americas, As Sales Top $660 Million

Treasury Wine Estates saw solid growth in its luxury wine brands—including new acquisition Daou—drive sales in its Americas division to A$1 billion ($660m) in the 12 months through June. Continue reading →

Treasury Wine Estates Unveils New Exec Roles In U.S. Post-Daou Acquisition

Treasury Americas Looks To Second Half After H1 Decline

Treasury Wine Estates saw sales in its Americas unit decline 6.5% at constant currency to A$448 million ($291m) in the company’s fiscal first half through December, as volume dipped 7% to 2.8 million 9-liter cases. EBITS in the Americas division fell 23% at constant currency to A$93 million ($60m). Continue reading →

California Wine Players See More Consolidation Ahead

There was a flurry of activity in California wine’s M&A sector to close out 2023, with prominent labels like Daou, Sonoma-Cutrer, and Rombauer changing hands in the second half of the year. Continue reading →

California Wine Consolidation Ramps Up To Close Out 2023

Consolidation is nothing new for the wine industry, but the pace of change has accelerated in recent years as interest rates have risen, costs of labor and supplies have jumped, and demand for wine has softened. Those and myriad other factors are contributing to a new wave of acquisitions that is changing the California wine landscape. Continue reading →

Treasury Americas President Ben Dollard Lays Out The Case For Billion-Dollar Daou Purchase

Treasury Wine Estates made a big move in the California wine business earlier this week with its agreement to acquire Paso Robles-based Daou Vineyards for up to $1 billion. Continue reading →