Log In / Join Now

Napa's Peju Acquires Acacia Vineyard and Winery Facility

Deal gives Rutherford producer a new winery in Carneros; Peju plans to start new wine label there

Posted: February 4, 2016

Napa Valley's Peju Province Winery has purchased the Acacia Vineyard and Winery facility from Diageo, as the global drinks giant continues to shed its wine brands. Located on a 100-acre estate in Napa Valley's Carneros wine region, Acacia Vineyard and Winery has an annual production capacity of 100,000 cases and is suited for growing Chardonnay and Pinot Noir grapes. Peju is also considering a custom-crush program. While it will be owned by Peju Province, the facility will be operated under a yet-to-be-determined brand name.

Last fall, Diageo agreed to sell most of its U.S. and U.K. wine interests to Treasury Wine Estates for $600 million, including the Acacia brand, but not the winery, in a deal that also included Beaulieu, Sterling, Provenance, Rosenblum, Hewitt and Blossom Hill, among others. Monterey County's Chalone remains with Diageo for now, but is on the selling block.

This story first appeared at sister publication Shanken News Daily.

Would you like to comment? Want to join or start a discussion?

Become a WineSpectator.com member and you can!
To protect the quality of our conversations, only members may submit comments. Member benefits include access to more than 315,000 reviews in our Wine Ratings Search; a first look at ratings in our Insider, Advance and Tasting Highlights; Value Wines; the Personal Wine List/My Cellar tool, hundreds of wine-friendly recipes and more.

WineRatings+ app: Download now for 340,000+ ratings.