May 2016

Last Chance to Register for the Vineyard Economics Seminar

The Wine Industry Symposium Group is hosting their 21st annual Vineyard Economics Seminar this Wednesday, May 25, at the Napa Valley Marriott Hotel.  The all day seminar includes breakfast, all seminar materials, lunch, and wine tasting at the conclusion of the event.  The cost is $400/person.

The line-up this year includes speakers from banks, accountancy firms, government entities, engineers, and brokers to name just a few.  Topics to be discussed cover a broad spectrum and include “the current grape and bulk wine market”, “vineyard risk factors”, “tax updates for growers”, the drought and lenders.  If you are interested, you can register below.

 

Vineyard Economics Registration

Recent Activity in Small Winery Sales

We’ve noticed a lot of activity in winery sales recently.  The list includes Copain, Far Niente, Patz & Hall, MacPhail, and Stryker of Sonoma to name a few.  Not all of the sales include real estate.  The buyers have been various, but one common trait of the sellers has been notable.  The selling wineries have been well-run operations.  These were not distressed wineries.  Not operations looking for a savior.  For any of you small wine operations looking for additional capital, now might be a good time to put the word out.

 

For news on the Far Niente investment, see the article in Wine & Vines here.