The Duckhorn Portfolio Acquires Sonoma-Cutrer Vineyards in Windsor for $400MM

ST. HELENA, Calif.--The Duckhorn Portfolio, Inc. (NYSE: NAPA) (the “Company”) announced today that it has entered into a definitive agreement to acquire Sonoma-Cutrer Vineyards (“Sonoma-Cutrer”), one of the largest luxury Chardonnay wineries in the U.S., from Brown-Forman Corporation (“Brown-Forman”), for approximately $400 million to be paid in a combination of Company stock and cash. Sonoma-Cutrer […]