Constellation Brands Inc., the beer, wine and spirits producer and marketer, is seeking a valuation of roughly C$1 billion ($771 million) for the initial public offering of its Canadian wine business later this year, according to people familiar with the matter.
Owner Pete Luckett told The Chronicle Herald he had bought 11 hectares of land in Avonport, near his Wolfville-area winery. The purchase, along with 22 acres worth of contracts with two new grape growers in Hantsport and Falmouth, meant 2020's harvest would likely total twice the size of last year's.
The British Columbia Wine Institute received funding for its Wine and Culinary Tourism (WCT) strategy this week with the announcement of recipients of Destination British Columbia's Co-op Marketing Partnerships Program, developed to support communities and key provincial tourism sectors in leveraging funding to maximize marketing impact and drive tourism revenues in BC.
Serendipity Winery's Katie O'Kell has just returned from a practicum at New Zealand's ultra-modern Delegat Wine Estate, processing the 2016 vintage. Just before this, she completed her winemaking certificate from UC Davis in California, receiving an impressive 100% on her final exam.
The 10th International Cool Climate Wine Symposium (ICCWS) will take place in July 2020, attracting hundreds of grape and wine researchers, trade professionals and media from wine regions around the world to gather and share research knowledge.
It has been two years since the last crop report, but this week, the 2015 British Columbia Wine Grape Crop Report was released and shows an increase of 1% (from 31,383 to 31,640 tons) over 2013 in total estimated tonnage.
In an industry awash with such lofty-sounding designations as "château," "domaine" and "estate," it takes confidence to call your winery a farm. Heidi Noble, the owner of JoieFarm in British Columbia, embraces that title with pride. She's not above reminding her loyal customers that great wine is made in rubber boots, a product of dirt and sweat.
Oppenheimer joins the team with more than 25 years of experience in the beverage alcohol industry. Most recently, Scott served as Senior Vice President, Control States and Military, for Moet Hennessy USA. Prior to that, he has held various sales, marketing and leadership roles at Millennium Import Company, Gilbey of Canada, Heublein and E & J Gallo Winery
A Vancouver-based lawyer specializing in the tricky rules around selling Canadian wine says winemakers are excited about a "breakthrough" court decision that could pave the way for regional vintages to be sold across provincial lines.
Row after row of delicate young vines line the long driveway leading to Peller Estates Winery in Niagara-on-the-Lake. It's a cool spring morning and the expansive lawn in front of the winery is edged by a patio that will host parties and tastings all summer.