California's Long Meadow Ranch Wine Estates has purchased fellow Napa Valley winery Stony Hill Vineyard.
The deal, announced today, is for an undisclosed fee, Long Meadow Ranch said. Stony Hill's owner, the McCrea family, will retain an equity interest in the combined entity.
Stony Hill will join a line-up of properties owned by Long Meadow Ranch in the Mayacamas Mountains, Rutherford, and Anderson Valley.
"Stony Hill Vineyard is a natural extension for Long Meadow Ranch, given our commitment to responsibly-farmed vineyards that produce elegant, balanced wines that are genuine complements to food," said Long Meadow Ranch's COO, Chris Hall.
Mike Chelini, winemaker for Stony Hill for more than 40 years, will serve as winemaker for this year's harvest and continue in the role of winemaker emeritus. The vineyard, hospitality and operations teams will also join the new company.
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Sectors: Mergers & acquisitions, Wine
