SOURCE: Jackson Family Wines

Jackson Family Wines

May 16, 2016 13:30 ET

Jackson Family Wines to Acquire Copain Wines

Acclaimed Healdsburg Winery Is Exciting Addition to Jackson Family's Collection of Renowned Wineries From Premier Winegrowing Regions

SANTA ROSA, CA--(Marketwired - May 16, 2016) - Jackson Family Wines today announced that it has reached agreement to acquire Copain Wines, the acclaimed Healdsburg winery and tasting room specializing in vineyard-designated wines from Anderson Valley. Under the direction of Winemaker Wells Guthrie, who founded the winery in 1999, Copain combines French stylistic sensibilities with the best sustainably-farmed California fruit to craft wines -- most notably Chardonnay, Pinot Noir and Syrah -- that are well balanced and food friendly. The acquisition of Copain Wines allows Jackson Family Wines to expand its portfolio with the addition of a stylistically-unique winery producing balanced, expressive, lower alcohol wines. The specific terms of the agreement were not disclosed.

"Joining the Jackson Family Wines portfolio is an exciting and logical next step as we look toward the future," said Guthrie. "We believe the Jackson Family's commitment to preserving the integrity of what we've built, while providing the resources to elevate our wines, will be a winning combination as we look to promote our style of winemaking on a broader scale."

"My family and I were impressed by Wells' exceptional wines and his dedication to producing wines that display a distinct expression of their vineyard site," said Barbara Banke, chairman and proprietor of Jackson Family Wines. "The addition of Copain Wines and their impeccably balanced, classically styled wines is an exciting complement to our portfolio. We see significant opportunities for growth and look forward to collaborating with Wells and his team to continue the great work they do."

Copain Wines will continue to operate and produce as it does currently, with Guthrie remaining in his role as winemaker, with control over winemaking decisions, including grape sourcing. Jackson Family Wines will focus its efforts on providing enhanced sales, marketing, distribution, and back-office administrative support. Copain Wines will be sold and distributed through Jackson Family Wines' West Burgundy Wine Collective. The Copain Wines tasting room will remain open to visitors by appointment.

The parties anticipate that the transaction will close later this month. Demeter Group, a San Francisco-based investment bank for beverage alcohol companies, acted as Copain Wines' exclusive financial advisor on the transaction. Murano Group, a San Francisco-based holding company that invests primarily in branded consumer businesses, was the strategic investor in Copain's growth over the last six years.

About Copain Wines

Founded in 1999 by winemaker Wells Guthrie, Copain Wines is a premium winery and tasting room located in Healdsburg, California, specializing in vineyard-designated wines from Anderson Valley. Inspired by his time in Burgundy and the Northern Rhône Valley of France, Guthrie marries French stylistic sensibilities with the best sustainably-farmed California fruit to craft classically-styled wines that are well balanced and food-friendly. Copain Wines is best known for its cool-climate Pinot Noir and Syrah. Copain Wines is located at 7800 Eastside Road, Healdsburg, California, 95448. For more information, visit www.copainwines.com.

About Jackson Family Wines

Jackson Family Wines is a family-owned and run company that crafts award-winning wines of distinct character and quality. With a focus on sustainable viticulture practices, responsible vineyard and natural resource management and unparalleled winemaking, the family's collection comprises more than 40 renowned brands, with substantial winery and vineyard holdings throughout the premier wine-growing regions of California and Oregon. Jackson Family Wines also crafts fine wines from Australia, Chile, France, Italy and South Africa. Founded in 1982 by wine pioneer, entrepreneur and philanthropist Jess Jackson, Jackson Family Wines and its wineries are led by Chairman Barbara Banke and the Jackson family. Learn more on the web at www.jacksonfamilywines.com.

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