US: 360 Global Wine Co. files for bankruptcy - report

By | 12 March 2007

California-based 360 Global Wine Co. has reportedly filed for bankruptcy after running up debts worth US$39m.

Local reports in the US have claimed that 360 Global is seeking protection from creditors and is looking to refinance its debts. The company, which owns the Cucina Viansa wine brand, had been looking to expand its presence across the US.

In December, 360 Global boasted that it was set to seal the US$25m acquisition of a US-based wine and spirits group.

Officials at 360 Global could not be reached for further comment.

Sectors: Wine

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US: 360 Global Wine Co. files for bankruptcy - report

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