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Vintage Wine Estates acquires Cosentino in Napa
Jan 7, 2011
Vintage Wine Estates has acquired Napa Valley’s Cosentino Winery, which ceased trading in November after failing to secure extra finance to cover its debts.Now the Santa Rosa-based Vintage Wine Estates has expanded its premium Napa and Sonoma winery portfolio by purchasing the winery for an undisclosed sum on 30 December. The property value was appraised in February 2010 at $6.9 million, according to court documents.
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