US: Jackson Family Wines snaps up Oregon winery - report

By | 21 August 2013

Jackson Family Wines has bought its first Oregon winery for an undisclosed fee, according to a report.

The purchase of the 35-acre Soléna Estate comes months after Jackson Family acquired a number of vineyards in the state, the Press Democrat reported this week. Soléna Estate produces about 15,000 cases a year, however the Soléna Estate brand was not part of the deal and the company will move production to another site, it was reported.

In March, Jackson Family Wines purchased around 400 acres of vineyards in Oregon, its first acquisitions outside of California. In April, the winery added around 240 acres from two Oregon vineyards.  

The company has said it plans to produce higher-value labels in Oregon, particularly for Pinot Noir.

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Sectors: Mergers & acquisitions, Wine

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US: Jackson Family Wines snaps up Oregon winery - report

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