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| Jeff, Katie, and Jim Bundschu Sixth and fifth generation owners |
Today Gundlach-Bundschu Winery in Sonoma filed chapter 11 bankruptcy. They said the company became overleveraged in a recent acquisition. G-B bought the old Valley of the Moon Winery in 2020, opened it as Abbot's Passage, and closed that winery a few months ago.
Gundlach-Bundschu was founded in 1858 by Jacob Gundlach when he purchased 400 acres in Sonoma Valley. It is currently run by Jeff Bundschu, along with his sister Katie.
G-B says they are negociating with an investor who would take majority control. It appears the oldest family-run winery in the state is no more.
In other news, Jean-Charles Boisset, owner of several Napa and Sonoma wineries, has purchased Artesa Winery in the Carneros region of Napa. Boisset, also known as Mr. Gina Gallo, owns Buena Vista, Deloach, and Raymond Wineries, among others. Just kidding about the Mr. Gallo part, kinda.
The news on Artesa just came out on Wine Spectator.
