- Homepage for the Wine Industry

Huneeus Vintners buys 161-acre vineyard east of Napa for $24 million

St. Clement winery facility could be new home for Faust brand
by Kerana Todorov
September 05, 2017

Huneeus Vintners has purchased a 161-acre vineyard east of Napa for $24 million, according to public records.

The deed, signed on Aug. 15, indicates the property was transferred from SPP Napa Vineyards LLC, an entity of Westchester Group Investment Management Inc., to a company named “1455 Coombsville Road LLC.”

“1455 Coombsville Road LLC” is registered with the California Secretary of State to 1040 Main Street, suite 204, in Napa, where Huneeus Vintners’ offices are located, according to the state agency’s website.

The company, owned by the Huneeus family, leased the property on Coombsville Road from SPP Napa Vineyards LLC. The vineyard is planted with about 110 acres, according to Napa County records.

Representatives for Huneeus Vintners and Westchester Group Investment Management Inc. could not be reached to comment on the sale. Westchester, a division of TIAA, the giant pension fund, has offices in Napa.
Huneeus Vintners owns Quintessa and other brands, including “Faust.”

In 2016, Huneeus Vintners created a stir in the wine industry when it sold The Prisoner to Constellation Brands for a reported $285 million, according to press reports.

Huneeus Vintners then purchased VML winery in Healdsburg in July. The Russian Valley winery has now relocated to a sister winery on Dry Creek Road, according to news reports.

In November, Huneeus Vintners purchased St. Clement Vineyards near St. Helena from Treasury Wine Estates. That winery remains closed.

Huneeus Vintners has a pending application with the California Department of Alcoholic Beverage for that address. The business name on that application is listed as “Faust.”

Copyright© 1994-2020 by Wine Communications Group. All Rights Reserved. Copyright protection extends to all written material, graphics, backgrounds and layouts. None of this material may be reproduced for any reason without written permission of the Publisher. Wine Business Insider, Wine Business Monthly, Grower & Cellar News and Wine Market News are all trademarks of Wine Communications Group and will be protected to the fullest extent of the law.