Betts & Scholl Wine Brand Sold

e-mail

View the entire table of contents
for the Nov. 30, 2009 issue

See Also
Blogging Winemakers Share Harvesttime in Real Time
California Wildfire Report
Wine Warehouse Arson Trial Begins

Mitch Frank
Issue: November 30, 2009

Betts & Scholl, the boutique winery founded by master sommelier Richard Betts and art collector Dennis Scholl, has been sold to spirits company Castle Brands for $1.1 million, plus 7.14 million shares of the corporation. As part of the deal, Betts and Scholl will join the company, with Betts heading up Castle Brands' new wine division as vice president.

For the full article, check out the new issue of Wine Spectator, on newsstands November 10, 2009.

To continue reading this page, become a WineSpectator.com member today!

Do you have a Wine Spectator magazine subscription? Save 50% on your Online Membership right now!