Allan Brothers Purchases Washington’s Sagemoor Vineyards
April 11, 2014 Allan Brothers announced that their family-owned company will be purchasing Sagemoor Vineyards, one of Washington’s best-known producers and suppliers of high quality winegrapes to leading wineries in Washington. The ownership change takes effect in late April.
“We have been looking at the Washington wine grape business for some time now and when the opportunity came up to acquire the well known Sagemoor properties we recognized that this was the right way for Allan Brothers to enter Washington’s dynamic wine business,” says Miles Kohl, CEO at Allan Brothers.
Sagemoor Vineyards has played a pioneering role in the establishment of Washington’s wine industry since 1972 and grapes from its own-rooted old-vine plantings are highly sought after by many of Washington’s top wineries. Sagemoor Vineyards designated wines from Walla Walla Vintners, Tamarack Cellars, Barrister, Januik, Arbor Crest, Rasa Vineyards, Abeja, and Hedges among others consistently produce high scoring wines.
“We will maintain the same management team under the new ownership and that will allow for continuity of our quality programs in our vineyards and orchards,” says Sagemoor Vineyards General Manager Kent Waliser.
Sagemoor is made up of four properties under common management: Sagemoor, Bacchus, Dionysus, and Weinbau, and is a highly respected and diversified farming operation with 883 acres of wine grapes, 230 acres of cherries, and 190 acres of apples. Sagemoor grapes are sold to over 70 Washington wineries.
Allan Brothers has been growing, packing, and shipping premium tree fruit products since the 1920s in the Yakima Valley. The Sagemoor Vineyards acquisition will increase the company’s holdings to 3,500 acres, located throughout the prime growing regions of Washington, from the Yakima Valley through the Columbia Valley.
International Wine Associates of Healdsburg, California, and The West One Group in Walla Walla served as exclusive advisors and represented Sagemoor in this transaction.
The terms of sale were not released.
Source: Sagemoor Vineyards news release
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