Napa Winemakers Cash Out
Three major acquisitions in 24 hours suggest a seller's market
There's a land and brand grab going on in Napa. In late July, E. & J. Gallo purchased the William Hill winery and vineyards in Napa. That same day, Stag's Leap Wine Cellars sold for $185 million to a partnership of Washington-based Ste.
For the full article, check out the new issue of Wine Spectator, on newsstands September 13, 2007.