Tandem Winery Sold to Quivira’s Kight

January 19, 2009

Pete Kight, proprietor of Healdsburg’s Quivira Vineyards & Winery, has acquired Tandem Winery in Sonoma County in partnership with Tandem owner/winemaker Greg La Follette. According to a news release, La Follette will remain with Tandem to will focus on winemaking and viticulture.¬† The deal closed January 16. No terms were disclosed. In addition to the […]

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Chicago Wholesalers Pay $803,000 To Settle TTB Charges

January 15, 2009

Ten Chicago wholesaler/importers have paid a total of $803,ooo to settle charges by the Alcohol and Tobacco Tax and Trade Bureau (TTB). The settlements, announced by TTB on Jan. 14, alleged that the wholesalers had “violated the conditions of their basic permits by furnishing or giving money or other things of value to a retailer, […]

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SF Chronicle Sacks Wine Section, Reorganizes Coverage

The San Francisco Chronicle is reorganizing its wine coverage, eliminating the wine-only section and rolling coverage into other areas of the newspaper. “It’s a combination of advertising, print and giving people a different product,” said Executive Food and Wine Editor Michael Bauer. He noted that the Chron had conducted focus groups and found that the […]

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Carneros Vintners Part 1: Unconventional Financing, Creativity & Challenges Offer Significant Lessons

January 14, 2009

A close look at Carneros Vintners’ new 3-million-gallon, custom-crush facility in southern Sonoma County reveals a fascinating account of creativity, unconventional financing from a publicly traded company, and unique site challenges, all of which hold significant lessons for the industry. LAND, PERMIT, FINANCING DOMINOS FALL INTO PLACE Wine Industry Insight’s in-depth examination shows that when […]

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UPDATE: Stevenot Owes $5.75 Million To Deed Holder

January 12, 2009

Stevenot Winery’s hurried Chapter 11 filing (see previous story) was precipitated by a foreclosure sale scheduled by Santa Rosa’s Bay Sierra Financial, Inc., which holds first trust deeds on the winery and adjacent vineyard. According to Bay Sierra’s John Graziano, Stevenot owes $2,470,000 on the deed for the winery and $3,282,500 on the adjacent vineyard. […]

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Copia To Liquidate, Then Transform Itself Into For-Profit Enterprise

January 9, 2009

Copia, Robert Mondavi’s visionary wine and food center, received permission Friday morning for a procedure that calls for it to liquidate all of its assets, pay employees’ priority wage claims then create a plan to transform the real estate and remaining assets into a for-profit enterprise. Copia has liabilities of at least $78 million, including […]

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