Foley Family Wines Completes Purchase of Langtry Estate & Vineyards
FFW to Add Historic Guenoc Valley Winery to its Portfolio
HEALDSBURG, Calif., Nov. 28, 2012 /PRNewswire/ -- Foley Family Wines announced it has become the majority owner of the iconic Guenoc Valley producer. Foley Family Wines had previously entered into an Agency Agreement in August, so the FFW sales force is currently selling both the Guenoc and Langtry brands into wholesale. FFW will now manage all aspects of the winery including direct to consumer sales and hospitality, operations and production.
The Langtry Estate is steward to 23,000 acres within both Napa and Lake Counties. With the establishment of the Guenoc Valley AVA on December 21, 1981, Langtry became the first winery in the nation with its own appellation.
Under the Langtry and Guenoc brands, the winery currently crafts approximately 150,000 cases annually. The winery offers four tiers of wines: Langtry Single Vineyard Wines (limited, estate, single-vineyard, luxury), Guenoc Lake County Wines (premium, single-AVA), Guenoc North Coast Victorian Claret (Bordeaux blend) and Guenoc California Selection Wines (value, broad distribution).
The winery has enjoyed significant critical success for its wines. The Guenoc Petite Sirah ranks in the Top 5 in US sales within its price segment. The Guenoc California Selection Sauvignon Blanc is in the top 10 in US sales in its price segment.
"Langtry and Guenoc are important additions to our portfolio. They bring high quality, acclaimed wines which have a presence in important national and regional accounts. In addition the Langtry winery property, including the historic Langtry House, will be important assets within our Foley Food and Wine Society," said Bill Foley.
"We are thrilled to further develop our partnership with Foley Family Wines," said Easton Manson, President of Langtry Farms. "The FFW team has the skills necessary to be able to continue to build our winery and brands."
About Foley Family Wines
Foley Family Wines was established by Bill Foley in 1996 with the acquisition of Lincourt Vineyards in California's Santa Ynez Valley. Since then, Foley Family Wines has grown to become a major producer, marketer and distributor of highly-acclaimed, handmade wines from some of the world's greatest vineyards. Every brand in the company's portfolio is distinct and autonomous with its own identity, style, techniques and personnel. Foley Family Wines owns the following properties: Foley Estates (Santa Rita Hills, CA), Lincourt Vineyards (Solvang, CA), Merus (Napa Valley, CA), Foley Johnson (Napa Valley, CA), Kuleto (Napa Valley, CA), Altus (Napa, CA), Foley Johnson (Napa, CA), Chalk Hill (Sonoma County, CA), Sebastiani (Sonoma County, CA), Lancaster Estate (Sonoma County, CA), Langtry Estate (Lake County, CA), Three Rivers Winery (Walla Walla, WA), Firestone Vineyard (Santa Ynez Valley, CA), Eos (Paso Robles, CA), Vavasour (Marlborough, New Zealand), Clifford Bay (Marlborough, New Zealand), and Te Kairanga (Martinborough, NZ). Bill Foley is Chairman of the Board of Directors for Fidelity National Inc and Executive Chairman of Fidelity National Information Services. Both are Fortune 500 companies.
SOURCE Foley Family Wines
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