Silver Oak Family Announces Acquisition of Sausal Family Vineyard and Winery
08/15/2012 – Oakville, Calif. (PRNewswire) – The Duncan Family, owners of Silver Oak and Twomey Cellars, are pleased to announce the acquisition of Sausal Vineyard and Winery, one of the Alexander Valley's oldest and most admired boutique wineries and vineyard sites.
Sausal Vineyards was acquired by the Demostene family in 1956. They planted additional vineyards and built the winery in 1973, where they crushed their first grapes. Proud of their Italian origins, the vineyard is planted primarily to Zinfandel, as well as other varietals. There are Zinfandel blocks boasting vines that are up to 130 years old.
The Demostene family said they are delighted to sell their property to Silver Oak, and they are confident the Duncan family will be good stewards of the land.
David R. Duncan, President and CEO of Silver Oak and Twomey Cellars is excited by the vineyard acquisition as it will give him and his winemaking team a new vineyard site with unique viticultural conditions. "The Sausal Vineyard site presents us with an excellent opportunity to grow Cabernet Sauvignon with a variety of soils and conditions not previously available to us in the production of our Alexander Valley Cabernet," Duncan said. "We are excited to see what other opportunities it will afford us in the future."
Silver Oak grows fruit in various distinct geographies in both the Alexander Valley and the Napa Valley.
Sally Nicholson of International Wine Associates, Healdsburg, California, initiated this transaction and represented the Demostene family. The terms of the sale are not released.
Related Links:
Gallo Buying Courtside Cellars
Current news & stories
- Lovin’ Scoopful Signs Production Agreement With Lucerne Foods Lovin' Scoopful was founded by Maria Shriver, Tim Shriver and Dan Samson in part to benefit Special Olympics.
- Chipotle Plans 50% Increase in Usage of Locally Grown Produce Chipotle works with a network of more than 70 local, family owned farms.
- Frito-Lay Unveils Investment In Compressed Natural Gas Infrastructure Frito-Lay hopes to reduce its total U.S. fuel consumption and greenhouse gas emissions by 50 percent by 2020, compared to 2007 baseline.
