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Vintage Wine Estates acquires Cosentino in Napa

Published:  06 January, 2011

Vintage Wine Estates has acquired Napa Valley's Cosentino Winery, which ceased trading in November after failing to secure extra finance to cover its debts.

Vintage Wine Estates has acquired Napa Valley's Cosentino Winery, which ceased trading in November after failing to secure extra finance to cover its debts.


Now the Santa Rosa-based Vintage Wine Estates has expanded its premium Napa and Sonoma winery portfolio by purchasing the winery for an undisclosed sum on 30 December. The property value was appraised in February 2010 at $6.9 million, according to court documents.


"This exciting acquisition provides us the opportunity to welcome another renowned Napa Valley Winery to our portfolio and is a significant step forward for Vintage Wine Estates," said Pat Roney, Vintage Wine Estates president. "We look forward to upholding the Cosentino Winery tradition of producing exceptional, high quality wines and furthering our mission of cultivating small, hand-crafted artisanal wineries in Napa and Sonoma."



The Cosentino business was started by Mitch Cosentino in Modesto, California, in the early 1980s and is one of the pioneers of the state's Meritage style, which emulates classic Bordeaux blends.


Cosentino said: "Vintage Wine Estates impressive portfolio of ultra premium wineries including Girard Napa Valley, Windsor Sonoma and Sonoma Coast Vineyards ensures a continuing tradition of quality for Cosentino Winery. I am looking forward to working with this quality, long-term focused group."

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