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Magazine Archives: June 15, 1999

Canandaigua Buys Napa Valley's Franciscan Estates in Blockbuster Deal

Issue: June 15, 1999


June 15, 1999 Canandaigua Buys Napa Valley's Franciscan Estates in Blockbuster Deal In one of the biggest California winery deals ever, New York-based Canandaigua Brands bought Napa Valley-based Franciscan Estates in late April for about $240 million, which includes the assumption of $20 million in debt.

For the full article, check out the new issue of Wine Spectator, on newsstands June 15, 1999.

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