Questions or comments on our new mobile-responsive site? Tell us here.
Log In / Join Now

Magazine Archives: Oct. 31, 2000

Consolidation Sweeps Wine Industry: Three Major Deals Total Nearly $2 Billion

James Laube
Issue: October 31, 2000


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.


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!


Already a member?


WineRatings+ app: Download now for 300,000+ ratings.