Crimson Wine Group Acquires Raeburn Wine from Purple Brands 

Dear Client: Crimson Wine Group announced yesterday afternoon the acquisition of Raeburn wine from Purple Brands, including inventory assets.   Raeburn was founded in 2013 and now produces about 250,000 cases annually, providing a significant boost to Crimson's 400,000-case operation. Raeburn is led by one of the top 10 largest chardonnay brands in the US, "providing Crimson with a proven player in the growing luxury chardonnay and white wine categories," according to Crimson ceo Jennifer Locke.   "The acquisition of Raeburn reinforces