Vintage Wine Estates Wins Bid for Cameron Hughes

Going once, going twice, and Cameron Hughes Wine is sold to Vintage Wine Estates for between $4 million and $5 million, according to legal documents filed by CHW's court-appointed receiver. VWE beat out five other bidders for the company's assets, and the court is scheduled to approve the sale today.BACKGROUND. In May 2015 Cameron Hughes Wine (CHW) was put in receivership by the Superior Court of San Francisco due to unpaid debts of about $15.3 million to its lender Union