Diageo Sells Echelon to Winery Exchange

Dear Client: WSD has learned that Diageo Chateau & Estate Wines had sold Echelon Vineyards to Winery Exchange. In a letter to wholesalers obtained by WSD, Winery Exchange says: "Effective immediately, Winery Exchange is the new brand owner and exclusive US primary source of supply for the Echelon wine brand.We will be working closely with Diageo during the transition of the brand to Winery Exchange. Winery Exchange will begin fulfilling and invoicing orders for Echelon immediately where legally permissible." Financial