FREE! Subscribe to News Fetch, THE daily wine industry briefing - Click Here


Sponsored by:
Banner_Xpur_160x600---Wine-Industry-Insight[63]
InnoVint_WII_ad_portrait

The Saint James Company Acquires Sapphire Wines

SANTA MONICA, Calif., Nov. 5 /PRNewswire-FirstCall/ — The Saint James Company (OTC Bulletin Board: STJCNews), announces today that it has acquired Sapphire Wines, LLC, owner of the Eos Estate Winery and Vineyards in Paso Robles, California.

Sapphire Wines was formed in 2007 with the acquisition of the Eos Estate Winery, an award-winning winery in Paso Robles. Earlier this year, the Napa brand Carneros Creek and Lake County’s Wildhurst joined the Sapphire portfolio. The Eos Estate Winery has been producing high quality wines since 1987, and has earned special renown for its Zinfandel and Petite Sirah wines, as well as its “Tears of Dew” Late Harvest Moscato. Also popular are its Cupa Grandis, Lost Angel and Novella labels.

Richard Hurst, Chief Executive Officer of The Saint James Company, said, “The Sapphire portfolio has grown by no less than 15% in the last year, and represents an excellent complement to our Koala Blue brand from Australia. The Eos Estate Winery is one of the largest in the Central Coast area, and Sapphire’s established distribution in the US provides a strong launch platform for those other New World wine businesses that we have agreed to acquire. We look forward to working with the existing Sapphire management team as we transition the business to Saint James.”

About The Saint James Company

The Saint James Company is a US public company, which specializes in the acquisition and distribution of New World wines, and has recently signed agreements for the acquisition of wineries and wine brands in New Zealand and for the rights to Olivia Newton John’s Koala Blue wine brand in North America. For further information, visit the Company’s website at www.thesaintjamescompany.com.

About Eos Estate Winery

Originally named for the goddess of the dawn in ancient Greek mythology, Eos Estate Winery is a state-of-the-art, eco-friendly winery that crafts premium wines. The 110,000 square foot winery and hospitality center, perched on a hilltop in the heart of Paso Robles wine country, blends wine tasting with solar-powered winemaking operations. For further information, visit the winery’s website at www.eosvintage.com.