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Scheid Family Wines Announces Sale of Three Vineyard Properties

April 02, 2021

for $33,000,000 in consideration, including the buyer assuming $20,000,000 of debt that was secured by the properties. The disposition of these parcels, which comprise 1,193 acres of leased and owned vineyards, is part of Scheid Family Wines' overall strategy to better align its asset holdings and debt with its growing premium bottled wine business.