M. MONDAVI SNATCHING WINERIES
The always discerning Michael Mondavi closed a deal this weekend to acquire the former Carneros Creek Winery for an undisclosed sum – just another strategic development taken on by Michael in recent years. His son and daughter, Rob and Dina, will help run the operation.
Founded in 1972, Carneros Creek, now called Francis Mahoney Estate Winery, has a production capacity of 150,000 cases per year and specializes in Pinot Noir. Michael also purchased the Aetna Springs Vineyard in Pope Valley, which currently has about 110 acres planted.
Out of the 150,000 cases of capacity, Michael will set aside 45,000 cases at the Mahoney winery for his family’s new brands - I’M, Oberon, Bocce and Hangtime – while he will continue producing the Mahoney Vineyards and Fleur de California brands.
Founded in 1972, Carneros Creek, now called Francis Mahoney Estate Winery, has a production capacity of 150,000 cases per year and specializes in Pinot Noir. Michael also purchased the Aetna Springs Vineyard in Pope Valley, which currently has about 110 acres planted.
Out of the 150,000 cases of capacity, Michael will set aside 45,000 cases at the Mahoney winery for his family’s new brands - I’M, Oberon, Bocce and Hangtime – while he will continue producing the Mahoney Vineyards and Fleur de California brands.
posted at 1:52 PM
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