Ste. Michelle Wine Estates Purchases 56-acre Greenwood Vineyards in Calistoga
July 11, 2019
Woodinville, Wash (July 11, 2019) – Ste. Michelle Wine Estates has purchased Greenwood Vineyards, a 56-acre vineyard located north of the town of Calistoga. The purchase closed on July 10, 2019.
The vineyard was purchased from James and Jill Mooney, who have owned the property since the mid-1980s. Greenwood Vineyards is planted primarily to Cabernet Sauvignon with a small amount of Merlot and Valdiguié and is expected to provide top quality grapes for the Stag’s Leap Wine Cellars ARTEMIS Napa Valley Cabernet Sauvignon.
“This vineyard becomes an important part of our portfolio,” said Stag’s Leap Wine Cellars Winemaker Marcus Notaro. “We are constantly working to enhance the quality of our ARTEMIS Cabernet Sauvignon at the winery with new equipment and in the vineyard with new techniques and with our grape sourcing. This purchase will help us secure top quality grape sourcing and we are excited by the aromatics, tannins and structure this warm site can provide.”
Stag’s Leap Wine Cellars currently sources fruit from other nearby vineyards in Calistoga for several of its wine club exclusive wines.
Zepponi & Company served as the exclusive financial advisor to Greenwood Vineyards.
About Ste. Michelle Wine Estates
Ste. Michelle’s Washington portfolio includes: Chateau Ste. Michelle, Columbia Crest, 14 Hands, Col Solare, Northstar, Spring Valley Vineyard, Merf, INTRINSIC, Seven Falls and Domaine Ste. Michelle sparkling wines. In California, the company owns Stag’s Leap Wine Cellars (with Italy’s Antinori family), Conn Creek (Napa Valley), and Patz & Hall (Sonoma). Ste. Michelle also owns Erath, in Dundee, Oregon. The company became the exclusive U.S. importer in 2006 for the acclaimed Marchesi Antinori wine portfolio of Italy and Chile’s Haras de Pirque wines, for Champagne Nicolas Feuillatte of France in 2009, and for New Zealand’s Villa Maria Estate in 2010. www.smwe.com
About Stag’s Leap Wine Cellars
Considered one of the “first growths” of Napa Valley, Stag’s Leap Wine Cellars produces renowned Cabernet Sauvignon from its historic Stags Leap District estate vineyards. Founded in 1970, the winery brought international recognition to California winemaking and the Napa Valley when the 1973 S.L.V. Cabernet Sauvignon won the now famous 1976 Paris Tasting, also known as the “Judgment of Paris.” Stag’s Leap Wine Cellars’ three estate-grown Cabernet Sauvignons–CASK 23, S.L.V. and FAY–are among the most highly regarded and collected Cabernet Sauvignons worldwide. The same classic style of the estate wines is expressed in the Napa Valley wines – AVETA Sauvignon Blanc, KARIA Chardonnay and ARTEMIS Cabernet Sauvignon. www.stagsleapwinecellars.com