Foley Acquires Acrobat Brand from King Estate

Foley Family Wines has acquired Oregon wine brand Acrobat from King Estate Winery. King Estate launched Acrobat in 2009, focusing on pinot noir and pinot gris. It was subsequently the fastest Oregon wine brand ever to hit the 100,000-case milestone. Sales for the brand are anticipated to exceed 150,000 cases in 2018, per a release.King Estate decided to sell Acrobat in order to reaffirm its flagship family brand, King Estate, which it considers the "centerpiece of [its] future," says ceo