The Duckhorn Portfolio Acquires Sonoma-Cutrer Vineyards from Brown-Forman

Trinchero Family Wine and Spirits to Acquire Mumm Sparkling California, Mumm Napa and DVX from Pernod Ricard

December 16, 2025

Food & Beverage

Pernod Ricard and Trinchero Family Wine and Spirits signed a definitive agreement for Trinchero to take over the U.S. sparkling wines activities covering Mumm Sparkling California, Mumm Napa and DVX. The transaction excludes assets related to the G.H. Mumm Champagne brand and other international Mumm sparkling wines activities, and is expected to close in Spring 2026 subject to customary conditions.

Butterfly Equity Acquires The Duckhorn Portfolio for $1.95 Billion

October 7, 2024

Food & Beverage

The Duckhorn Portfolio, North America’s luxury wine company, entered into a definitive agreement to be acquired by private equity firm Butterfly Equity in an all-cash transaction valuing the company at approximately $1.95 billion. Duckhorn shareholders will receive $11.10 per share, and Duckhorn is expected to become privately held after closing (expected this winter, subject to approvals).

Breakthru Beverage Group Acquires Wine Warehouse (California)

April 17, 2023

Food & Beverage

Breakthru Beverage Group has completed the acquisition of California-based wholesaler Wine Warehouse, which will operate as Breakthru Beverage California. The deal expands Breakthru’s West Region footprint and brings its Aspect fine wine offering and additional sales and commercial capabilities to the California market.

E. & J. Gallo Winery Acquires Denner Vineyards

November 10, 2022

Food & Beverage

E. & J. Gallo Winery purchased Denner Vineyards, including the Denner brand, estate vineyards, winery and tasting room in the Willow Creek District of Paso Robles. The acquisition expands Gallo's luxury wine portfolio with Denner's critically acclaimed Rhône- and Bordeaux-style wines and estate assets.

Vintage Wine Estates Acquires The Sommelier Company

June 22, 2021

Food & Beverage

Vintage Wine Estates, Inc. has acquired The Sommelier Company, a Huntington Beach-based provider of virtual and in-person sommelier-led tasting events and wine education. The acquisition expands Vintage Wine Estates' direct-to-consumer and event services capabilities across corporate and consumer markets.

Foley Family Wines Acquires Ferrari-Carano Vineyards and Winery

June 9, 2020

Food & Beverage

Foley Family Wines has reached an agreement to acquire Ferrari-Carano Vineyards and Winery, including the Ferrari-Carano Estate Winery in Dry Creek Valley, the PreVail Mountain Winery, roughly 3,183 acres of land (1,223 planted acres), tasting rooms, residential properties and winery infrastructure. The acquisition expands Foley's portfolio of estate wineries and gives Foley control of Ferrari-Carano's award-winning brands, vineyards and hospitality operations.