Viansa Sold To Vintage Wine Estates

Vintage Wine Estates is expected to close on the purchase of Viansa Winery this week, according to multiple sources knowledgeable about the transaction.

The sale price and more details are available to Wine Executive News premium subscribers.

The troubled winery — more famous for wedding events, family problems and feuds with its neighbors than its wine — has been for sale almost constantly since its acquisition out of bankruptcy in 2007 by Laurus Master Fund, an offshore hedge fund.

A former fund partner, Lloyd Davis , who owned part of Viansa and helped run it after bankruptcy, had unsuccessfully tried to buy it late last year.

Wine Executive News subscribers please click here to read the complete article.

Also In This Article:

The full text of the following sections is available to premium subscribers of Wine Executive News.

• SALE A MASSIVE LOSS FOR LAURUS

• NOTHING BUT TROUBLE

• NEIGHBORHOOD FEUD

Not a Wine Executive News subscriber yet?

Subscribe to Wine Executive News now, and get the rest of this original article along with everything else on the site every day, including original documents, spreadsheets,and source materials for just $19.99 per month Or $179 per year.