18 January 2018 - California, US-based Vintage Wine has acquired Washington, US-based wine producer Tamarack Cellars, regarded for its range of wines including Firehouse Red blend, Merlot and Cabernet Sauvignon, as well as a number of limited-production, single-vineyard reserve blends sourced from the state's top vineyards, the company said.
Financial terms were not disclosed.
The acquisition of Tamarack expands Vintage Wine's footprint in the Pacific Northwest, US.
The purchase of Tamarack Cellars follows the recent acquisition of the California brands Layer Cake, Cherry Pie and If You See Kay, a deal that closed on January 2, 2018.
Tamarack Cellars is housed in a renovated firehouse in a World War II army base in Walla Walla, Washington. Case production is approximately 25,000 cases and the purchase includes inventory, grower contracts and tasting room.
Vintage Wine Estates is a privately held wine company owned by a group of vintner families that own a collection of winery estates and brands.
The vintner produces wines from Napa, Sonoma, Mendocino and other California winegrowing regions.
Metis, an Exvere company, advises Pacific Northwest businesses on capital transactions including mergers, acquisitions, and recapitalisations. Metis offers concentrated experience and expertise in the Pacific Northwest wine, adult beverage, and hospitality industries.
Metis, an Exvere company, served as the exclusive financial and transactional advisor to Tamarack Cellars.
TriMech Acquires UK Solidworks Provider Solid Solutions
TRM Labs Acquires CSITech to Expand Crypto Incident Response Services in UK
Watterson to Acquire Bassett Creek Services to Strengthen Geographic Scale
Balmoral Funds Closes Acquisition of Petrochemicals Facility Operator Trecora Resources
Ara Partners Acquires UK Sustainable Packaging Producer Petainer
TriMech Acquires 3D CAD Software Provider Solid Solutions Group
Churchwick Partners, Rockledge Close Acquisition of Sonesta Hotel Portfolio
Aviat Networks Makes 80/Share Cash Bid for Ceragon Networks
Carsales.com to Acquire Remaining Stake in US Marketplace Operator Trader Interactive
Bureau Veritas Acquires Scientific Sourcing Specialist Advanced Testing Laboratory
Viseo Acquires Asian Anaplan Gold Partner Scanomi
UMB Healthcare Services to Acquire HSA Business from Old National Bank
XM Cyber Acquires Cybersecurity Firm Cyber Observer
Sandvik to Acquire Portuguese PCD Tools Manufacturer Frezite