Thursday, March 22, 2007

DUCKHORN NOT FOR SELL – AT THE MOMENT

Despite reports to the contrary, the president of Duckhorn Wine Co., Alex Ryan, is denying the company is for sale – kind of. Last week when the story surfaced, he said: “Currently, we don’t have a buyer and our company is not for sale.”

In other words, Duckhorn is not for sale at the moment. Many publications have reported that Alex admits the sale of the company could happen eventually, but is not currently in the plans. Instead of selling Duckhorn, other options include adding more brands to the company’s portfolio.