October 31st, 2000 Consolidation Sweeps Wine Industry: Three Major Deals Total Nearly $2 Billion The sale of Beringer to Foster's prompts other wine giants to seek deals In a single pivotal week for the California wine industry, some of the state's largest wine companies entered into three megadeals -- reaching an astonishing total of nearly $2 billion -- that could be the first moves in a new wave of consolidation and global diversification.
For the full article, check out the new issue of Wine Spectator, on newsstands October 31, 2000.
Do you have a Wine Spectator magazine subscription? Save 50% on your Online Membership right now!
Passionate about wine? Wine Spectator magazine is looking for an enthusiastic copy editor in the New York office.
Sips & Tips | Wine & Healthy Living
Video Theater | Collecting & Auctions
New! Ratings Flash