Duckhorn Finally Confirms It Was For Sale

Duckhorn Finally Confirms It Was For Sale

August 29, 2016 – Duckhorn Wine Company (“DWC”) and TSG Consumer Partners (“TSG”), a San Francisco-based strategic equity investor in consumer brands, announced today that TSG will acquire DWC from GI Partners. Financial terms of the transaction were not disclosed.
The transaction includes all six Duckhorn Wine Company wineries: Duckhorn Vineyards, Goldeneye, Paraduxx, Migration, Decoy and Canvasback and their corresponding properties, along with more than 600 acres of estate vineyards, including the legendary Three Palms Vineyard in California’s Napa Valley. All employees are being retained, including the winemakers for all six wineries, and the company will continue to be guided by President and CEO Alex Ryan, who has been with DWC since 1988. Dan and Margaret Duckhorn will also remain involved.

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Management did not seem to be letting heads of their properties or winemakers know that they were in talks. Wine Industry Insight has a knack for getting things early and right.