Peju Province Winery of Rutherford announced it has purchased the Acacia Vineyard and Winery facility in the Carneros wine region, the first expansion of the winery since it opened in 1983.
Peju, founded by Tony Peju, an Iranian-born landscaper who bought his first 30 vineyard acres in the Rutherford wine region near Robert Mondavi, Inglenook and Beaulieu, bought Acacia from Diageo alcoholic beverages company in a sale completed on Jan. 1.
Transaction terms were not disclosed. Diageo, the world’s largest distiller, is getting rid of its winery portfolio.
The Acacia property is located on a 100-acre estate in the Carneros region of Napa Valley with 50 planted acres of pinot noir grapes. Peju will market the wine from the area under a different name. The land also houses a large, 100,000-case production facility, and Peju said it is exploring starting a custom crush operation at the site. Peju averages about 50,000 cases annually.
“It has always been a long-term goal of the company’s to own more than one winery,” said Ariana Peju, proprietor of the winery, in the statement. “We are thrilled with our recent purchase and look forward to extending and enhancing our brand.”
The purchase comes as Peju brought in a new management team last fall with veterans from The Ritz-Carlton Hotel Co.
Abdullah Vural, the president, served most recently as general manager of The Ritz-Carlton in Bachelor Gulch, Colo., and oversaw property openings in areas such as Los Angeles and Lake Tahoe.
John Gruber, the chief financial officer at the winery, and Stephanie Leavitt, director of sales and marketing, also worked with Vural at the Bachelor Gulch location.
You can reach Staff Writer Bill Swindell at 521-5223 or bill.swin email@example.com. On Twit ter @BillSwindell