TWE buys Daou Vineyards in California for $1bn
Treasury Wine Estates has bolstered its footprint in California by agreeing a $1bn deal to acquire Daou Vineyards in Paso Robles.
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Treasury Wine Estates has bolstered its footprint in California by agreeing a $1bn deal to acquire Daou Vineyards in Paso Robles.
Treasury Wine Estates (TWE) has acquired California’s Daou Vineyards to “fill a key gap” in its Americas portfolio.
DAOU was founded by two brothers who started making wine in their garage before expanding into a 400-acre vineyard.
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DAOU is recognized throughout the industry for its award-winning Cabernet Sauvignon-based PATRIMONY wines, unique consumer profile, and benchmark-...