Duckhorn Portfolio acquired Sonoma-Cutrer Vineyards in a mixed company stock and cash deal valued at $400 million. Duckhorn is a premium wine play, with the business building out a portfolio of poured and enjoyed wines to.

The Duckhorn Portfolio will receive the Sonoma-Cutrer brand trademarks, facilities, and the winerys six estate vineyards. Brown-Forman will be given a 21.5 percent ownership of The Duck Horn Portfolio, a payment of $50 million in cash. Brown-Forman agrees to sell Sonoma-Cutrer Vineyards; secures equity ownership in The Duckhorn Portfolio, inc. Brown‑Forman will receive an ownership percentage of approximately 21.5% in the company and $50 million USD. Duckhorn Portfolio agreed to acquire Sonoma-Cutrer Vineyards from Brown-Forman for about $400 million in cash and stock. Duckhorn is a premium wine play, with the business building out a portfolio of poured and enjoyed wines to be served across the globe, creating the largest pure play on luxury wines within the US. Duckhorn Portfolio bought Sonoma-Cutrer Vineyards in a mixed company stock and cash deal valued at $400 million. TheStreet lowered shares of Duckhorn. from a “c-” rating to a ‘d+” in a research note on Tuesday, October 3rd. The Duckhorn Portfolio acquires Sonoma-Cutrer Vineyards in Windsor for $400MM. Brown-Forman Agrees to sell Sonoma Cutrer vineyards; secures equity ownership. Duckhorn Portfolio, a public Napa Valley wine company, has struck a deal to buy Sonoma-Cutrer Vineyards. Duckhorn is a public company known for putting California merlot on the map. The Duckhorn portfolio to report fiscal first quarter 2024 financial results on December 6, 2023. Duckhorn Portfolio announced it will buy Windsor winery Sonoma-Cutrer Vineyards from Brown-Forman Corp. Duckhorn says the move improves its position as a leading luxury wine company in the U.S. The Duckhorn Portfolio was established in 1976 when vintners Dan and Margaret Duckhorn founded Napa Valleys Duckhorn Vineyards. Duckhorn offers a curated and comprehensive portfolio of acclaimed luxury wines with price points ranging $20-$230 across more than 15 varietals and 39 appellations. Duckorn Portfolio investor sentiment overview provides quick insight into current market opportunities from investing. Duckhorn Portfolio value examination focuses on studying past and present price action to predict the probability of Duckhorns future price movements. You can analyze the entity against its peers and the financial market as a whole.