Duckhorn to Acquire Sonoma-Cutrer for $400 Million

Dear Client: The Duckhorn Portfolio today announced that it has entered into a definitive agreement to acquire Sonoma-Cutrer Vineyards from Brown-Forman for $400 million.  "Sonoma-Cutrer is an iconic, highly acclaimed winery brand with a long history of crafting exceptional wines in a timeless style and is a perfect addition to our thoughtfully curated portfolio of luxury wines," says Duckhorn interim president, ceo and chairperson Deirdre Mahlan. It's also "among the fastest-growing major brands in the luxury chardonnay category." Sonoma-Cutrer was