Announced
Completed
Financials
Sources
Tags
United States
Cross Border
Private
Friendly
winery
Distillers and Vintners
Acquisition
Majority
Single Bidder
Completed
Synopsis
Marchesi Antinori, an Italian wine company, completed the acquisition of the remaining 85% stake in Stag's Leap Wine Cellars, a winery, from Ste. Michelle Wine Estates, a wine-producing estate. Financial terms were not disclosed. “It is a good message not only for the realities of wine but also for the many companies and Italian excellences: can be ambitious enough to carry out operations of this type,” Renzo Cotarella, Marchesi Antinori CEO.
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