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As previously reported by Wine Industry Insight on August 26, Vintage Wine Estates has purchased Viansa Winery. The closing was delayed by unexpected due diligence.
The news release, below, has all the details, except for the purchase price and other related data which are included in our premium edition of Wine Executive News: (Viansa Sold To Vintage Wine Estates)
COMPANY NEWS RELEASE
OCTOBER 3, 2013
VINTAGE WINE ESTATES PURCHASES VIANSA WINERY
SANTA ROSA, CA, October 3, 2013—Vintage Wine Estates announced today the purchase of Viansa Winery and Marketplace effective October 4th, 2013. Another gem in the company’s rapidly expanding portfolio, the picturesque estate is situated upon a hilltop at the entrance to Sonoma Valley in Sonoma County, California. Viansa combines the joys of wine, cuisine and world-class hospitality, making it an attractive asset to acquire. “We are pleased to have Viansa Winery as part of the family and the gateway to our Napa and Sonoma properties,” said Pat Roney, President, Vintage Wine Estates. Included in the sale is the adjacent 168-acre estate vineyard, planted to Sangiovese, Primitivo, Vernaccia and Pinot Grigio and 113-acre wetland preserve.
Overlooking preserved wetlands—a wildlife haven—and the panoramic scenic beauty of Sonoma Valley, Viansa is well known for its prime location. Situated just 40 minutes north of the Golden Gate Bridge, it is also a popular choice to host weddings and special private or corporate events in an array of attractive settings. Since its opening in 1989, Viansa has become “the” destination for locals and visitors to enjoy classic California and Italian wines, sample gourmet foods and relax on the expansive grounds.
Significant investments are planned for the Viansa Marketplace, estate and event facilities to further enhance the natural beauty of the property and elevate Viansa to a world-class Wine County destination. In addition, Vintage Wine Estates will establish a partnership with Ducks Unlimited to initiate restoration of wetlands that are part of the property. The winery will continue to offer classic California and Italian wines made from estate fruit and other prized Sonoma County vineyards.
Lloyd Davis, Viansa president said: “I could not think of a better group to acquire Viansa. Vintage Wine Estates has all the resources to take Viansa to the next level.”
Vintage Wine Estates
Led by highly regarded wine entrepreneur Pat Roney, Vintage Wine Estates is a privately owned collection of wineries and brands based in Santa Rosa, California. Committed to producing high quality wines at state-of-the-art winemaking facilities, Vintage Wine Estates continue to acquire established wineries to expand their collection of brands, offering great value for wine lovers.
Its most recent purchase, prior to Viansa, was Clos Pegase Winery, acquired on August 21, 2013. Additional wineries in the Vintage Wine Estates portfolio include, Girard Winery, Cosentino Winery, Windsor Vineyards, Sonoma Coast Vineyards, Cartlidge & Browne Winery, and Ray’s Station. In addition to its strong domestic offering, Vintage Wine Estates is expanding its international portfolio and looking to represent international brands in the US. For more information on Vintage Wine Estates, visit http://www.vintagewineestates.com.
Viansa Winery
Viansa Winery and Marketplace is located at 25200 Arnold Drive, Sonoma, California 95476. Tasting Room hours are daily from 10 am to 5 pm. For more information, call 707.935.4726 or visit http://www.viansa.com.
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