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Jackson Family Wines purchases another Oregon winery
Oct 4, 2016
(PD) - Jackson Family Wines is continuing its push into Oregon, announcing a deal Monday to acquire WillaKenzie Estate, a Willamette Valley producer of single-vineyard pinot noir and pinot gris.
Santa Rosa-based Jackson did not disclose a purchase price on the transaction, which will close Wednesday. It includes the WillaKenzie Estate brand, its gravity-flow winery and tasting room, plus 100 planted acres in the Yamhill-Carlton region and 25 planted pinot noir acres at the Jory Hills Vineyard in the Dundee Hills.
Jackson has been aggressive in buying property in Oregon so that it can source fruit, especially pinot noir, for its La Crema and Siduri brands. Land prices in the Beaver State are much lower than in the North Coast area, and there are fewer regulations on events and water.
The company also has looked to acquire Oregon boutique producers, such as April’s purchase of Penner-Ash Wine Cellars, a highly-regarded pinot noir producer in the Willamette Valley.
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