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IN THE

NEWS

JAN 22, 2021

HOW ARE WINERIES DOING? ARE THEY INTERESTED IN SELLING?

One of the findings of the 2021 Silicon Valley Bank State of The Industry Report was that wineries have been performing relatively well financially, given the difficulties... Read more >

JAN 17, 2020

THE WALLS VINEYARDS ACQUIRES FAMED 10-ACRE ROCKGARDEN VINEYARD

The Walls Vineyards has purchased the 10-acre Rockgarden Vineyard in the Rocks District of Milton Freewater AVA in the southern Walla Walla Valley. The well-established... Read more >

JAN 15, 2021

LESSONS FOR THE POST-COVID WINE INDUSTRY: BOOST DIGITAL FOCUS, MAKE TASTINGS BY APPOINTMENT

The pandemic will recede at some point this year, boosting wine sales as lockdowns loosen and restaurants begin to reopen, travel resumes and deferred events are held... Read more >

JAN 14, 2021

BOOM TIMES AHEAD FOR US WINE INDUSTRY

The wine industry could be in for a big year in 2021 because ending the pandemic will unleash celebrations like we haven't seen since the end of World War II, a leading industry... Read more >

JAN 7, 2021

NORTHWEST RESTAURATEURS PURCHASE BASEL CELLARS IN WALLA WALLA

The first full week of 2021 brought news of a second significant transaction in the Walla Walla Valley wine industry — the sale of showpiece Basel Cellars Estate Winery to a group of... Read more >

JAN 6, 2021

BASEL CELLARS PURCHASED BY NEW OWNERSHIP GROUP

On December 30th, Walla Walla Valley’s Basel Cellars was purchased by a group of local businessmen. The group includes individuals who founded Crossbuck Brewing... Read more >

JAN 6, 2021

BASEL CELLARS SOLD TO WALLA WALLA BUSINESS OWNERS

Basel Cellars Estate is now headed by a group if investors that includes Walla Walla business owners Dan Thiessen, Paul MacKay... Read more >

MAY 25, 2020

A TASTE OF WHAT'S TO COME

Small wineries and growers have been hit particularly hard by the economic slowdown... Read more >

MAY 7, 2020

WINE FOUNDATION ELECTS NEW BOARD MEMBERS

The Washington Wine Industry Foundation announced in a news release the election of Erik McLaughlin, Kristina Mielke van Löben Sels and Alex Oh to the foundation’s board of... Read more >

MAY 5, 2020

WASHINGTON WINE INDUSTRY FOUNDATION APPOINTS NEW BOARD MEMBERS

Erik McLaughlin, Kristina Mielke van Löben Sels, and Alex Oh have been elected to the Washington Wine Industry Foundation Board of... Read more >

FEB 5, 2020

WINE ANALYTICS REPORT: M&A MARKET STABLE

An oversupply of grapes, moderating growth in wine sales and the threat of recession are pushing buyers to be more discriminating when it comes to evaluating potential... Read more >

NOV 17, 2019

OWEN ROE SALE INDICATES CONTINUED OUTSIDE INTERESTED IN WASHINGTON WINE INDUSTRY

Two decades ago, David and Angelica O’Reilly started Owen Roe in the Willamette Valley wine region in Oregon. Around that time, however, David O'Reilly started making wines... Read more >

OCT 31, 2019

WHAT'S IMPACTING THE WINE M&A LANDSCAPE

2019 has certainly been a busy year on the M&A front. A panel at the recent Wine Industry Financial Symposium discussed what's happening in the wine industry marketplace and... Read more >

OCT 19, 2019

METIS CEO NAMED ONE OF TOP 50 INDUSTRY LEADERS

As we put the finishing touches on this month’s issue we’ve just wrapped up the annual winejobs.com SUMMIT, an event Wine Business Monthly produces for human resources... Read more >

OCT 12, 2019

WINE ANALYTICS REPORT: FOCUS ON DTC WINE SALES

While the latest Wine Industry Metrics reveal positive sales growth in September, the U.S. wine industry is riven with concerns over flattening sales volume. Direct-to-consumer and... Read more >

OCT 4, 2019

LOCAL WINE CHIEFS MAKE NW LEADER LIST

Erik McLaughlin, the Walla Walla-based leader behind the Northwest’s leading mergers and acquisitions firm for wine and other businesses, has been named to Wine Business Monthly’s... Read more >

SEP 26, 2019

PACIFIC NORTHWEST'S ICONIC OWEN ROE WINERY SOLD TO CALIFORNIA COMPANY

Vintage Wine Estates, a private wine company based in Santa Rosa, California, announced on Sept. 23 its recent acquisition of Owen Roe, a highly regarded Pacific Northwest winery... Read more >

SEP 25, 2019

FALL OPENING PLANNED FOR MAIN ST. HOTEL

 

A 1960s-era Main Street hotel nears the end of its transformation to a modern one-of-a-kind boutique lodging operation designed as a launchpad for adventure-seekers... Read more >

SEP 23, 2019

VINTAGE WINE ESTATES IS EXPANDING IN THE PACIFIC NORTHWEST

Vintage Wine Estates is expanding in the Pacific Northwest with the acquisition of Yakima, Washington-based winery Owen Roe. Financials weren’t disclosed... Read more >

SEP 23, 2019

SANTA ROSA'S VINTAGE WINE ESTATES ADDS TO PACIFIC NORTHWEST PORTFOLIO WITH OWEN ROE 'CULT' BRANDS

Vintage Wine Estates continues to expand its Pacific Northwest holdings with the acquisition of an eastern Washington "cult" winery known for Oregon pinot noir and Washington red wines... Read more >

SEP 23, 2019

VINTAGE WINE ESTATES CONTINUES TO GROW IN THE PACIFIC NORTHWEST WITH THE ACQUISITION OF OWEN ROE

 

Vintage Wine Estates announced the addition of Owen Roe, with locations in Yakima, Washington (winery, vineyards and tasting room) and Willamette Valley, Oregon (tasting room)... Read more >

SEP 11, 2019

THE FUTURE OF THE US WINE INDUSTRY

The Wine Industry Financial Symposium, the premier event covering the financial, business and strategic issues of the wine industry set for Tuesday, October 1 and Wednesday, October 2, 2019... Read more >

APR 22, 2019

METIS ADVISES HISTORIC CONNER LEE VINEYARD IN SALE TO WASHINGTON WINEGROWERS JOSH LAWRENCE AND TOM MERKLE

METIS announced today the sale of Conner Lee Vineyard, one of Washington’s most highly regarded sites. The vineyard was acquired by a partnership between Josh Lawrence... Read more >

APR 21, 2019

JOSH LAWRENCE, TOM MERKLE TEAM UP TO BUY CONNER LEE VINEYARD

Tom Merkle, honorary grower for the Auction of Washington Wines in 2017, announced Friday, April 19, 2019, that he and Josh Lawrence of Lawrence Vineyards and Gård Vintners... Read more >

APR 21, 2019

TOP WASHINGTON VINEYARD GETS NEW OWNERS

One of the most recognized vineyards in the state will be under new ownership. Conner Lee Vineyards — the property outside of Othello whose grapes have produced wines for more... Read more >

APR 19, 2019

WASHINGTON'S HISTORIC CONNER LEE VINEYARD SELLS

Josh Lawrence (of Lawrence Vineyards and Gård Vintners) and Tom Merkle (of Wautoma Springs Vineyard and Wautoma Springs Wines) announced today a new partnership... Read more >

JUL 19, 2018

OREGON WINERIES STEP UP, OUTSIDE PLAYERS MOVE IN

Oregon is a special place, runs the conventional line: it may not have the perfect climate for wine (the claim neighboring Washington makes for itself) but it is home to small, family-run... Read more >

JUN 6, 2018

FLUSH WITH CASH, BANKS SEE MORE PLATEAUING OF HIGH VINEYARD PRICES

As the record prices for Napa and Sonoma vineyards limit sales to all but the most wellfunded principals, M&A advisors and bank loan officers tell WBM they are seeing increased... Read more >

MAY 1, 2018

THERE'S BUZZ IN WALLA WALLA AS SEATTLE INVESTORS BUY ABEJA VINEYARDS AND INN

Seattle-based Columbia Hospitality has announced a new management and operating agreement with the upscale Inn at Abeja and Abeja vineyards, a 38-acre property in Walla Walla... Read more >

MAY 2, 2018

ABEJA OWNERS SELL MAJORITY INTEREST

Ken and Ginger Harrison, founders of the Abeja winery and inn, have sold a majority interest in the company to two ownership groups: Arnie Prentice of Seattle’s USI Kibble... Read more >

APR 30, 2018

TWO LOCAL INVESTMENT GROUPS JOIN ABEJA FOUNDERS KEN AND GINGER HARRISON IN NEW OWNERSHIP AGREEMENT

Ken and Ginger Harrison, founders of Abeja, have sold majority interest in the acclaimed Walla Walla winery, and the luxury country inn, to two new ownership groups with local ties... Read more >

APR 29, 2018

SEATTLE BUSINESSMEN BUY CONTROLLING INTEREST IN WALLA WALLA'S ABEJA

A year ago, Abeja winery owners Ken and Ginger Harrison opened the gate to their iconic wine country inn to help winemakers Myles Anderson and Gordy Venneri celebrate their sale... Read more >

APR 29, 2018

MILL CREEK ROAD FIXTURE ABEJA SOLD

Abeja, Walla Walla’s renowned Mill Creek Road winery and its farmstead retreat on 38 acres, is under new ownership. Founders Ken and Ginger Harrison have sold the majority... Read more >

FEB 22, 2018

OREGON STILL A LURE AMID WINE INDUSTRY'S SHIFTS

The U.S. wine industry is “at the tail end of a 20-year growth period,” particularly for higher-end wines, but there are plenty of positive signs for Oregon, according to a new report... Read more >

FEB 21, 2018

BUSINESS MOVERS: MASON TERRY NAMED TO LEAD THE OREGON RENEWABLE ENERGY CENTER

Metis, a northwest company that advises wine, hospitality, and beverage alcohol on capital transactions, such as mergers and acquisitions announces the addition... Read more >

FEB 13, 2018

MERGERS, ACQUISITIONS FIRM LAUNCHES WITH AN OFFICE IN WALLA WALLA

You’re familiar already with the work of Pacific Northwest mergers and acquisitions advisory firm Metis. It’s the company that quietly launched a year ago out of Exvere... Read more >

JAN 15, 2018

NEW OWNERSHIP GROUP PURCHASES WALLA WALLA'S RED LION INN & SUITES, ANNOUNCES PLANNED RENOVATION

A new ownership group has purchased the Red Lion Inn & Suites Walla Walla, effective January 12, 2018, and will begin a comprehensive renovation of the property's 85 guest rooms... Read more >

JAN 18, 2018

STRONG DEAL MAKING KICKS OFF 2018

 

While the start of each year brings a number of transactions worked out in the previous months, conditions are favorable for renewed merger and acquisition activity in 2018... Read more >

JAN 18, 2018

VINTAGE WINE ESTATES EXPANDS PRESENCE IN PACIFIC NORTHWEST WITH ACQUISITION OF TAMARACK CELLARS

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... Read more >

JAN 16, 2018

VINTAGE WINE ESTATES BUYS TAMARACK CELLARS

Vintage Wine Estates has acquired Tamarack Cellars in Walla Walla, Washington, to expand its Pacific Northwest footprint.... Read more >

JAN 14, 2018

LONGTIME WALLA WALLA WINERY TAMARACK CELLARS CHANGES HANDS

 

Tamarack Cellars, the pioneer winery that planted roots in a renovated World War II Army air base firehouse 20 years ago and honored it with an acclaimed signature red blend... Read more >

NOV 17, 2017

INDUSTRY VETERANS SHARE CAREER LESSONS LEARNED

Those who have worked in the restaurant industry also tend to have a customer focused mindset, according to Erik McLaughlin, managing partner at Metis... Read more >