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The company was founded by Daniel and Margaret Duckhorn as The St. Helena Wine Company in 1976 with eight co-investors. [3] His background was in business and finance – he had consulted for the wine and spirits company Heublein and had managed a Napa Valley vine grafting and root stock business that supplied vines to vineyard owners, which brought him into contact with Napa Valley winemakers.
What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission on Thursday showed that Ryan sold 21,240 shares of Duckhorn Portfolio at prices ranging from $23.00 to $23.15. The ...
In 1997, Dan Kosta and Michael Browne founded Kosta Browne Winery. [12] Their 2009 Sonoma Coast Pinor Noir won Wine Spectator's Wine of the Year Award in 2011. [13] [non-primary source needed] The winery relied on purchased grapes until 2013, when they bought a 20-acre vineyard, followed by a 60-acre purchase in Anderson Valley 2016.
In July, 2007, GI Partners, a private equity firm, purchased a controlling interest in Duckhorn Wine Company and with it Duckhorn's various brands and operations[19] at a valuation believed to exceed $250 million.[12][20] The company was sold to another private equity firm, TSG Consumer Partners, in 2016.[21] Sources:
Alex Ryan, Duckhorn Portfolio’s President, CEO and Chairman, discusses the company’s latest quarterly results, the state of the wine industry and Duckhorn’s strategy when it comes to mergers ...
The Duckhorn Portfolio, Inc. (NAPA) delivered earnings and revenue surprises of 30.77% and 8.34%, respectively, for the quarter ended April 2022. Do the numbers hold clues to what lies ahead for ...
The company attributed the jump in sales to […] Net sales were $372.5 million, an increase of 10.7%, versus the prior year, it said in a statement. Luxury Winemaker Duckhorn FY22 Sales Climb 11% ...
A Burnup & Sims stockholder sued due to Caporella's salary from Burnup and percentage of revenue from National Beverage, forcing Caporella to spend less time managing the company. In the early 1990s, Spree, an all-natural, carbonated soft drink, and Big Shot, a regional, multiflavored soft drink line, were acquired.