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Tag Archives: Gary Farrell

• The Unraveling of Ascentia Wine Estates

The Unraveling of Ascentia Wine Estates

The unraveling of Ascentia Wine Estates, the Healdsburg company that once owned Geyser Peak, is a cautionary tale of the dangers of leveraged buyouts, a reminder of the critical role that distributors play in the wine business, and an example of how hard wineries can fall when the economy slows. Ascentia was formed in 2008, […]

• California Wineries Looking to Sell

California Wineries Looking to Sell

2011 brought a long-anticipated wave of sales as owners needed new backers or hoped to retire. When Fiji Water purchased Justin Vineyards in the closing days of 2010, was it a sign? It’s far from a fire sale, but wineries in California are changing hands while others are quietly taking on new partners. The surge […]

• Buena Vista & Gary Farrell Winery Have New Owners

Buena Vista & Gary Farrell Winery Have New Owners

Buyers hope to restore reputations of once promising, now struggling Sonoma wineries. Two of Sonoma County’s best-known producers—Buena Vista and Gary Farrell Winery—have new owners, thanks to the financially troubled Ascentia Wine Estates’ efforts to thin out its portfolio of wineries. Buena Vista, which was founded in Sonoma Valley in 1857 and is considered California’s […]