Gallo expands futher into Napa
E & J Gallo has bought Napa estate William Hill from Beam Wine Estates (BWE) for an undisclosed sum.
This purchase includes the Silverado Trail winery with 145 acres of vineyard. In addition, Gallo has purchased the Canyon Road wine brand and assets from BWE.
Roger Nebedian, vice president of Gallo's premium wine division, said: "These properties will help us balance our North Coast fine wine operations to keep pace with growing consumer demand worldwide."
Bill Newlands, president of BWE, said: "The sale of William Hill and Canyon Road are part of a larger strategy to focus our resources on the areas of our business which offer us the greatest potential for profitable growth."
Gallo recently announced the purchase of another 182 acres of vineyards in the Napa valley.
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