News

E&J Gallo lines up Talbott Vineyards buy

Most popular

What are Diageo's priorities for the years ahead?

Diageo Performance Trends 2014-2018 - results data

What can the spirits industry learn from Diageo?

Why targeting by gender failed in 2018

MORE

E&J Gallo is to buy Talbott Vineyards, in California's Santa Lucia Highlands, for an undisclosed sum.

E&J Gallo already owns 13 vineyards in California and Washington

E&J Gallo already owns 13 vineyards in California and Washington

The winery, which already owns 13 vineyards in California and Washington state, said the acquisition supports its presence in the region. “As this region's unique characteristics become more widely known, we see a great future for Talbott Vineyards as part of our fine wine portfolio,” Gallo said.

Talbott Vineyards, near Monterey Bay, produces a variety of estate-grown wines, specialising in Chardonnay and Pinot Noir. The purchase includes the Talbott brand and the winery as well as the 525-acre Sleepy Hollow Vineyard, which Talbott bought in 1994. Gallo will continue to operate the Talbott Vineyards tasting room in Carmel Valley.

The deal is expected to close at the end of next week.

In July, E&J Gallo acquired the Californian Asti winery from Treasury Wine Estates (TWE), also for an undisclosed sum. TWE later said it will make a pre-tax loss of US$7.5m on the disposal of the winery.


Sectors: Wine

Companies: E&J Gallo, Treasury Wine Estates

Related Content

E&J Gallo Winery's vineyard footprint in California - The map

E&J Gallo Winery's vineyard footprint in California - The map...

"Consumers are smarter than ever before - and not just about wine" - just-drinks meets E&J Gallo Win...

E&J Gallo readies raft of wine launches in Europe

E&J Gallo readies raft of wine launches in Europe...

Concha y Toro lines up 1000 Stories Bourbon Barrel-Aged Zinfandel for UK - ProWein 2018

Concha y Toro lines up 1000 Stories Bourbon Barrel-Aged Zinfandel for UK - ProWein 2018...

Oops! This article is copy protected.

Why can’t I copy the text on this page?

The ability to copy articles is specially reserved for people who are part of a group membership.

How do I become a group member?

To find out how you and your team can copy and share articles and save money as part of a group membership call Sean Clinton on
+44 (0)1527 573 736 or complete this form..



Forgot your password?