Far Niente Wine Estates sale finalized
A San Francisco private equity firm said Thursday that it has completed its purchase of Far Niente Wine Estates in Oakville, a producer of premium Napa Valley chardonnay and cabernet sauvignon.
GI Partners bought the winery last month under a deal allowing winery owners Beth Nickel, Erik Nickel, Dirk Hampson and Larry Maguire to remain as shareholders.
The investment includes the Far Niente winery and its sister wineries Dolce, Nickel & Nickel, EnRoute and Bella Union. Far Niente also has vineyards in Napa and Sonoma counties. GI Partners bought Duckhorn Vineyards in 2007.
Bill Swindell
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