This announcement just landed in my in-box:
Domaine Select Wine & Spirits Announces Asset Purchase Agreement with Robert Kacher Selections
November 12, 2015
Domaine Select Wine & Spirits, one of the industry’s most progressive importers and distributors of fine wine and artisan spirits, today announced that it has entered into a definitive Asset Purchase Agreement to acquire the majority of the assets of Robert Kacher Selections, a leading boutique importer of fine French wine. This acquisition comes after the recent announcements of Domaine Select’s partnership with Walden Capital Management, a private equity group with financial and management expertise in the hospitality sector, as well as the acquisition of Vinecraft, LLC, a Miami-based fine wine and spirit distributor.
DSWS will manage the day-to-day business of the Robert Kacher Selections portfolio effective immediately, in cooperation with the management team of RKS. It is expected that the transaction will close by the end of the year.
About Domaine Select Wine & Spirits
Founded in 1999, Domaine Select Wine & Spirits (DSWS) > http://www.domaineselect.com > is dedicated to wines and artisanal spirits of the highest quality and which demonstrate excellence and tremendous character, particular to their origin. DSWS is committed to transmitting the individuality of our producers; expressing diversity, tradition and personality is the tenet of DSWS. Domaine Select Wine & Spirits was named 2010 Importer of the Year by FOOD & WINE Magazine.
About Robert Kacher Selections
The Robert Kacher Selections label has become synonymous with quality-imported wines, primarily French along with wines from Portugal and Argentina. Bobby Kacher forged long-term relationships and partnerships with growers, allowing him to build one of the finest wine import portfolios in the United States. Robert Kacher Selections’s principles and ethics have not changed much since then; small, family-run estates, high quality and uncompromising standards have been the essential foundations of the company since its inception.