What the Future Holds for Crimson Wine

Dear Client: Crimson Wine Group, owners of Napa's Pine Ridge, Oregon's Archery Summit, Edna Valley's Chamisal Vineyard's (formerly Domaine Alfred) and Sonoma's Seghesio Vineyards, was created in 2007 by investment firm Leucadia National Corp. The latter two wineries were acquisitions made in August 2008 and May 2011, respectively. A few weeks ago Crimson announced its goal of selling 250,000 cases across the portfolio in 2012. They project an estimated 10% growth rate in 2012 compared to 2011, including the Seghesio