MODESTO, Calif. 3. April 2019 / PRNewswire / – E. & J. Gallo Winery (Gallo) today announced that it has entered into an agreement with Constellation Brands, Inc to purchase more than 30 wine and brand profits along with six wineries in California Washington and New York .
According to Joseph E. Gallo CEO of Gallo, "We are committed to remain a family owned company focused on increasing the wine industry. While we continue to invest in our premium and luxury businesses, we see an enormous opportunity with this acquisition to bring new consumers into the wine category. "He added," We will continue to provide our customers and consumers with quality products at all price points. "
More than 30 brands will join the Gallo portfolio, including Clos du Bois, Black Box, Estancia, Mark West Wild Horse, Franciscan and Ravenswood.
As part of the agreement, Gallo will also purchase several production facilities across the United States. The included vineyards are Mission Bell, Turner Road Vintners, Clos du Bois and Wild Horse in California Hogue Cellars in Washington and Canandaigua in New York.
Through acquisitions, strategic partnerships and new brand innovations, Gallo has continued to expand and diversify its portfolio across all price points to meet growing consumer demand and evolving preferences.
The transaction is subject to regulatory approval.
About E. & J. Gallo Winery
Founded by Brothers Ernest and Julio Gallo in 1
The Gallo Portfolio consists of more than 100 unique brands, including Barefoot Cellars, Dark Horse and Gallo Family Vineyards, as well as premium boobs The Naked Grape and Vin Vault. Premium offers include Apothic, Carnivor, Chateau Souverain, Columbia Winery, Ecco Domani Edna Valley Vineyard J Vineyards & Winery, Louis M. Martini MacMurray Estate Vineyards, Mirassou, ] Orin Swift Talbott Vineyards and William Hill Estate, along with highly acclaimed imports such as Alamos, Brancaia, La Marca, Las Rocas, Martín Códax, Whitehaven and LUX Wines, importers of Allegrini, Argiano, Jermann, Pieropan and Renato Ratti . Gallo Spirits currently offers New Amsterdam Vodka and Gin, Familia Camarena Tequila RumHaven, Lo-Fi Aperitifs, E & J Brandy, Argonaut Brandy, Germain-Robin Brandy Diplomático Rum, and imported Scottish whiskeys from Whyte & Mackay, including The Dalmore, Jura and John Barr .
SOURCE E. & J. Gallo Winery