How Lenders View the Market
Why bankers are bullish on the wine industry.
by Paul Franson
Oct 2007 Issue of Wine Business Monthly
ONCE AGAIN, Wine Business Monthly spoke with industry lenders recently to see how they viewed the wine industry. They discussed the current market, mergers and acquisitions, starting a winery, exit strategies, and the recent "credit crunch." Mike Sullivan, senior vice president and regional manager for the North Coast Regional Commercial Banking office of Wells Fargo Bank in Santa Rosa, California, saw the wine industry performing very well. "Wineries seem to be doing very well, and I don't see...
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