Foley Family Wines Acquires Two Vineyards
August 23, 2019
Foley Family Wines on Thursday announced the acquisition of two vineyards – one in Sonoma County and the other the Williamette Valley in Oregon- to supply fruit for its luxury wine programs.
The winery purchased Huntington Hill Vineyard in Dallas, Ore., the Van Duzer Corridor American Viticultural Area, a 165-acre property owned by Sharon Richardson Howell, who purchased the land with her late husband, Clent Richardson.
The land includes 21 acres of planted vineyards, most of which Pinot Noir, at 230 to 400 feet above sea level. It is also planted in Pinot Gris, Pinot Blanc and Chardonnay.
The vineyard annual crop will supply Foley Family Wines’ The Four Graces and Acrobat wine brands, according to the company. Foley Family Wines acquired The Four Graces winery in 2014 and Acrobat in 2018. Foley Family Wines’ announcement said another 85 acres could be developed into vineyards.
No sales price for the transaction was released. However a real estate flyer indicates the property had been on the market for $2.6 million. The transaction also includes a 13.5-acre reservoir, temperature-controlled wine storage building, two sheds and other agricultural buildings, according to the company and the real estate flyer.
Foley Family Wines was among the wineries that has purchased fruit from Huntington Hill Vineyards.
The company also acquired Chalk Ridge Vineyard in the Chalk Hill AVA from Napa-based Silverado Investment Management Co., according to the company and public records. The 64-acre vineyard is planted in Chardonnay, Merlot and Syrah.
Fruit from the vineyard at the corner of Chalk Hill and Pleasant Road will be for the Foley Family Wines’ Chalk Hill Estate Vineyards and Roth Estate Winery wine programs, according to the company.
“Gerard Thoukis, chief marketing officer for Foley Family Wines, did not rule out new vineyard purchases. “We’re always on the lookout,” Thoukis said in a brief phone interview.
Foley Family Wines is the U.S 19th largest U.S. winery by volume, according to Wine Business Monthly
(WBM February 2019)
Foley Family Wines is the 9th largest vineyard owner in Sonoma County by planted acreage according to Wine Business Monthly, with roughly 1,100 acres.
(WBM July 2019)