Alert, Napa’s Heitz Wine Cellars Gets New Ownership

Napa-based Heitz Wine Cellars has been sold to billionaire Gaylon Lawrence, the principal investor in The Lawrence Group, a 75-year-old farming operation. No purchase price was disclosed.Heitz Cellars was founded in Napa Valley in 1961 by Joe and Alice Heitz. Over the decades, the family operation picked up 1,100 acres across several vineyards in Napa Valley, with grapes planted across 425 of those acres. The portfolio includes sauvignon blanc, chardonnay, grignolino, zinfandel, port and cabernet sauvignon. The prices range from