Alert, Gallo Acquires Asti Winery

E & J Gallo has agreed to purchase Sonoma-based Asti Winery from Treasury Wine Estates. Asti is one of Sonoma County's oldest and largest wineries, located in the northern part of the Alexander Valley. It was established in 1881 by Andrea Sbarboro and today, it includes more than 500 acres with a winery facility capable of crushing 35,000 tons of grapes. The acquisition includes the Asti Winery, comprised of 535 -- 275 acres planted to vineyard -- and the Souverain