The Wine Group snaps up California's Paicines Vineyards
The vineyards are in San Benito County on California’s central coast and are in a region known as the Paicines American viticultural area.
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The vineyards are in San Benito County on California’s central coast and are in a region known as the Paicines American viticultural area.
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Treasury Wines sells four US brands for $100m Save Share Treasury Wine Estates has offloaded four commercial wine brands in the United States to privately-owned The Wine Group for $100 million as it accelerates a slimdown of its cheaper wine portfolio in the US. The likelihood of the deal with The Wine Group, the second-largest wine company in the US by volume, was outlined by Treasury Wines CEO Tim Ford. Simon Schluter The Wine Group, headquartered in California, owns more than 60 brands in the US including Franzia, Cupcake, Benziger, Concannon, Chloe and Imagery. Treasury Wines said...