Interview with Bill Deutsch

This has been one of the biggest weeks for the wine industry in recent memory. Not only did Foster’s ceo Trevor O’Hoy surprisingly resign on Monday, but Constellation Brands announced it had sold 7 of its wine brands to the newly-formed Ascentia Wine Estates for up to $234 million. Based in Sonoma, Ascentia is led by Jim DeBonis (former exec at Beam Wine Estates), and is backed by several investors, including W.J. Deutsch and San Francisco-based private equity firm GESD