Wine investments outpacing stock market performances. VWE, Duckhorn Emblematic of Deal-Making Surge

Wine outpacing other investments.

From The Wall Street Journal:  “Recent large-scale deals include the sale of the Chateau Ste. Michelle wine estate in July to private-equity firm Sycamore Partners for $1.2 billion and the merger of Vintage Wine Estates with special-purpose acquisition company Bespoke Capital Acquisition Corp. in June in a $690 million deal. California winery Duckhorn Portfolio Inc., backed by TSG Consumer Partners LLC, another private-equity investor, went public in March, valued at nearly $2 billion.”