2008 August archive at Wine Industry Report

Archive for August, 2008

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August 20, 2008 in Mergers & Acquisitions, Australia, USA, Human Resources and Press Releases. Closed

- Net proceeds from asset sales expected to reduce Constellation Brands
borrowings

- Company updates reported diluted EPS guidance

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August 5, 2008 in California, Bordeaux, Mergers & Acquisitions, USA, France and Press Releases. Closed

Michel Reybier, owner of Chateau Cos d’Estournel (www.cosestournel.com), grand cru classé of Saint-Estèphe, today announced that he is in discussion with Chateau Montelena’s founder, Jim Barrett, to acquire the Chateau Montelena Winery in Napa Valley, pending regulatory approval. Chateau Montelena is known as one of the world’s greatest wine estates and is famous for having won the renowned Paris Tasting of 1976.
Continue reading ‘Chateau Montelena and Chateau Cos d’Estournel jointly announce proposed acquisition - close of sale pending regulatory approval’