May 2016 Issue of Wines & Vines

Jackson to acquire Copain Wines


Santa Rosa, Calif.—Jackson Family Wines announced it reached a deal to acquire Copain Wines in Healdsburg, Calif.

Founded by winemaker Wells Guthrie, Copain specializes in vineyard-designate from the Anderson Valley. JFW is buying the brand as well as the Healdsburg winery and tasting room. According to the statement by JFW, the deal enables the company “to expand its portfolio with the addition of a stylistically-unique winery producing balanced, expressive, lower alcohol wines.”

“Joining the Jackson Family Wines portfolio is an exciting and logical next step as we look toward the future,” Guthrie said in the press release. “We believe the Jackson family’s commitment to preserving the integrity of what we’ve built, while providing the resources to elevate our wines, will be a winning combination as we look to promote our style of winemaking on a broader scale.”

Copain Wines will continue to operate and produce as it does currently, with Guthrie remaining in his role as winemaker, with control over winemaking decisions, including grape sourcing. Jackson Family Wines will focus its efforts on providing enhanced sales, marketing, distribution, and back-office administrative support. Copain Wines will be sold and distributed through Jackson Family Wines’ West Burgundy Wine Collective. The companies did not release the specific terms of the deal.

The transaction is expected to close later this month. Demeter Group, a San Francisco-based investment bank for beverage alcohol companies, acted as Copain Wines’ exclusive financial advisor on the transaction. Murano Group, a San Francisco-based holding company that invests primarily in branded consumer businesses, was the strategic investor in Copain's growth over the last six years.

Print this page   PRINTER-FRIENDLY VERSION   »
E-mail this article   E-MAIL THIS ARTICLE   »
Currently no comments posted for this article.