Two major sales:
Patz & Hall to Chateau Ste Michelle, and Penner-Ash in Oregon to Jackson Family Wines.
Here's the Wine Spectator's information on the former:
Pacific Northwest powerhouse Ste. Michelle Wine Estates has acquired Patz & Hall, a prestigious producer of California Chardonnay and Pinot Noir. The sale includes the brand, inventory and winery equipment. The purchase price was not disclosed.
The sale marks Ste. Michelle's first move into Sonoma County, and Patz & Hall is a plum. "Sonoma is a noble place for grapegrowing, and we have just lusted after it," Ted Baseler, Ste. Michelle's president and CEO, told Wine Spectator.
Although Patz & Hall owns no vineyards and leases its winemaking and visitors facilities in the city of Sonoma, it has long-term agreements with key vineyards in the region, including Hyde, Hudson, Dutton, Zio Tony, Gap's Crown and Alder Springs, as well as Pisoni in Santa Lucia Highlands. The wines frequently earn outstanding ratings from Wine Spectator.
The winery was not on the market when Ste. Michelle approached partners Donald Patz, Anne Moses, Heather Patz and winemaker James Hall. Ste. Michelle wanted to expand into Sonoma and believed Patz & Hall would be a good fit. The partners liked what they heard and agreed to stay on board after the sale.
"Everything about it will remain Patz & Hall," said Donald Patz. "[Ste. Michelle] doesn't screw around with the wineries they purchase. They want to maintain the flavor and sensibility of each of the properties."