Indiana-based Oliver Winery planning $12.6M expansion – Indianapolis Business Journal
The winery said new products such as the Melon Mint Moscato, along with its mainstays like Oliver Sweet Red, have fueled the company’s continued growth.
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The winery said new products such as the Melon Mint Moscato, along with its mainstays like Oliver Sweet Red, have fueled the company’s continued growth.
After a financially successful pandemic year in the wine industry, New York’s NexPhase capital investment group has taken over Bloomington-based Oliver Winery. Longtime owner Bill Oliver said the business had been courted over time by potential buyers, and had “played hard to get,” with no interest in selling. But he said the deal with NexPhase is a good fit for the company and its employees, and keeps local operations steady as the winery’s growth surges. A small family business that started out in his late father’s basement in 1971 has evolved into a wine-based company that is one...