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Precept Wine Acquires Truett-Hurst Wholesale Business for $18 Million

August 14, 2018

Deal Strengthens Exclusive Label Business, Secures Foothold in California Wine .. Includes portfolio of national and exclusive brands created for retailers such as Albertsons, The Kroger Co., Trader Joes, Total Wine & More ... Phil Hurst joining Precept as Chief Innovation Officer ... "His extensive knowledge and proven track record will be invaluable to our future growth and commitment to customer nirvana."