Treasury Wine Estates buys DAOU Vineyards for nearly $1 billion
Treasury Wine Estates has purchased DAOU Vineyards for $1 billion. DAOU Vineyards was established in Paso Robles in 2007 by brothers Georges and Daniel Daou.
Source: ksby.com
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Paso Robles vineyard sold for $1B | Pacific Coast Business Times
Daou Vineyards, located in Paso Robles, is now a part of one of the largest deals in the region in 2023 after announcing that it would be sold to an Australian wine estate for as much as $1 billion. Owned by Georges and Daniel Daou, the vineyard was sold to Australia’s Treasury Wine Estates, one
Source: pacbiztimes.com
Inside Treasury Wine Estates' $1.6b punt on Daou Vineyards in California
Georges Daou left tech and founded Daou Vineyards with his brother Daniel. Now Australia’s largest winemaker wants to take their products to the world.
Source: afr.com
Penfolds owner Treasury Wine Estates is buying Californian luxury wines group Daou Vineyards in a deal worth $1.6 billion.
CEO Tim Ford wants to turn the Californian luxury brand Daou Vineyards into a global player like Penfolds.
Source: afr.com
Treasury Wine Estates announces acquisition of fastest growing luxury wine brand in the United States, DAOU Vineyards¹
DAOU is recognized throughout the industry for its award-winning Cabernet Sauvignon-based PATRIMONY wines, unique consumer profile, and benchmark-setting...
Source: prnewswire.com