Who bought Duckhorn Winery?
GI Partners
GI Partners, a private equity group, acquired the winery in 2007. The portfolio expanded with brands like Goldeneye and Decoy. TSG bought Duckhorn in 2016. Under TSG, Duckhorn expanded by buying Kosta Browne, which is noted for its pinot noirs, from J.W.
What is Duckhorn Winery worth?
Duckhorn, based in St. Helena at the center of the Napa Valley wine region, sold 20 million shares Wednesday for $15 apiece after marketing them for $14 and $16 each. The shares, which rose as much as 29%, closed at $17.18 in New York trading, giving the company a market value of $1.98 billion.
Is Duckhorn Winery still standing?
Though it was rumored to have burned, the recently opened Duckhorn winery was spared by the flames, announcing on Instagram that “Thanks to the heroic efforts of fire crews last night, Duckhorn Vineyards is standing tall, and our staff (including our beloved winery cat Kitter) is out of harm’s way.”
Is decoy and Duckhorn the same winery?
Decoy evolves from being a single, second-label wine supporting the Duckhorn Vineyards brand to being its own focused winery, with the creation of an expanded portfolio of wines that, in addition to the Decoy Red Blend, includes a Cabernet Sauvignon, Merlot, Zinfandel, and Pinot Noir.
Is duckhorn stock a buy?
There are currently 2 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should “buy” The Duckhorn Portfolio stock.
Is duckhorn a good buy?
The Duckhorn Portfolio has received a consensus rating of Buy. The company’s average rating score is 2.75, and is based on 6 buy ratings, 2 hold ratings, and no sell ratings.
Is duckhorn portfolio a good investment?
Valuation metrics show that The Duckhorn Portfolio, Inc. may be overvalued. Its Value Score of D indicates it would be a bad pick for value investors. The financial health and growth prospects of NAPA, demonstrate its potential to underperform the market.
What kind of wine is duckhorn?
Since 1982, Duckhorn Vineyards has been crafting a Napa Valley Sauvignon Blanc that has become a benchmark for the varietal in North America.
Is Decoy a good wine brand?
With a reputation for delivering great quality at a remarkable price, Decoy has established a loyal following for its distinctive style, which emphasizes ready-upon-release wines that are capable of expressing their full charm and complexity in their youth. Decoy is truly an everyday wine for the well-informed.
Is Duckhorn better than Decoy?
Both of these wines share bright fruit and good balance. The Decoy is a buy and drink now. Its price reflects that. The Duckhorn is more expensive, but offers a more complex wine with far greater potential for aging.
Who is the current owner of Duckhorn Wine?
Duckhorn Wine Co. and TSG Consumer Partners, a San Francisco-based strategic equity investor in consumer brands, announced Monday that TSG will acquire Duckhorn Wine Co. from its most recent owner, GI Partners. Financial terms of the transaction were not disclosed. However, in 2007, GI was reported to have paid about $250 million for the company.
Where are the Duckhorn Vineyards in Napa Valley?
The transaction includes all six Duckhorn Wine Co. wineries: Duckhorn Vineyards, Goldeneye, Paraduxx, Migration, Decoy and Canvasback and corresponding properties, along with more than 600 acres of estate vineyards, including the “legendary” Three Palms Vineyard in Napa Valley.
What was the sale of GI Wine Company?
However, in 2007, GI was reported to have paid about $250 million for the company. On Monday, one wine industry expert estimated the sale at more than $600 million. Barbara Insel, president and CEO of Stonebridge Research Group, wasn’t completely surprised by the sale.