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Wednesday, August 22, 2012

Korbel sells off wine brands

Gary Heck, owner of Krobel, failed in his attempt earlier this year to sell his largest still wine holding, Kenwood Vineyards, as that deal fell through. This month he has succeeded in selling his other two winery holdings, Valley of the Moon and Lake Sonoma. These have been sold to two owners of a company called West Coast Wine Partners.

One of the partner's family has wine roots locally; the others family owns Quail's Gate Winery of British Columbia.

This leaves Heck with F. Korbel champagne and brandy plus Kenwood Vineyards. He'll keep the Korbel property, but continue to look for a buyer for Kenwood Vineyards.

Article from the Santa Rosa Press Democrat