Tag Archive: Sonoma-Cutrer
News Briefs for June 27, 2024
•The House of Suntory has unveiled the four Japanese single malt expressions in the 2024 Tsukuriwake Series, which aims to showcase its adventurous sense of creativity. Continue reading →
Posted in News on June 27, 2024Duckhorn Gaining Share Amid Tougher Market Conditions
The Duckhorn Portfolio flagged broad industry headwinds over the past few months as it reported sales down 0.4% to $103 million for its fiscal second quarter ended in January. Continue reading →
Posted in News on March 8, 2024California 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 →
Posted in News on January 18, 2024California 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 →
Posted in News on December 28, 2023Duckhorn: Sonoma-Cutrer “Central To Our Strategy For Growth”
Napa Valley-based luxury wine player The Duckhorn Portfolio has made a key acquisition in upscale Chardonnay, agreeing to acquire Sonoma-Cutrer from Brown-Forman for $400 million in a combination of cash and stock, with Brown-Forman taking a 21.5% stake in Duckhorn and gaining two seats on its board. The deal is expected to close next spring. Continue reading →
Posted in News on November 17, 2023News Briefs for May 12, 2023
•Brown-Forman’s Sonoma-Cutrer has announced the retirement of Michael Schroeter, the winery’s director of winemaking, and the appointment of Cara Morrison to succeed him. Continue reading →
Posted in News on May 12, 2023
