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December 2010
Year in Review: Merger and Acquisition Activity
2010 proved to be a difficult environment within which to close transactions.
by Mario Zepponi, Matt Franklin & Joe Ciatti
2010 will not go down in the annals of history as a memorable year in wine industry merger and acquisition activity. The lingering effects of our nation’s “Great Recession” have created a tepid environment for negotiating and completing transactions. Nonetheless, 2010 did feature its share of high-profile industry transactions, such as Foley Family Wines’ acquisition of Chalk Hill Estate in Sonoma County and Diageo’s sale leaseback transaction with Realty Income C...
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