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The Duckhorn Portfolio Inc   (NAPA)
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  News about The Duckhorn Portfolio Inc Contracts

Duckhorn Portfolio Swoops In to Acquire Sonoma-Cutrer Vineyards: Elevating the Chardonnay Experience

Duckhorn Portfolio Acquires Prestigious Sonoma-Cutrer Vineyards: Upping the Luxury Chardonnay Game
In a significant move that solidifies its position in the competitive wine industry, The Duckhorn Portfolio, Inc. (NYSE: NAPA) has announced its agreement to acquire Sonoma-Cutrer Vineyards (Sonoma-Cutrer) from Brown-Forman Corporation (Brown-Forman). Sonoma-Cutrer, renowned for its exceptional luxury Chardonnay wines, stands as one of the largest producers of this varietal in the United States. The acquisition, valued at approximately $400 million, will be financed through a combination of cash and Company stock.
Established in 1973, Sonoma-Cutrer Vineyards has achieved immense success since its first ...





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