FRESNO, Calif., Jan. 23, 2023/ PRNewswire/– The 1,300+ acre collection of vineyards and land typically referred to as the Paicines Vineyards situated within San Benito County, California, was just recently offered to The White wine Group (” TWG”). The Mendrin Group, a leading farming brokerage, consulting, and advisory company, served as the unique advisor to the seller, a concealed winery in the deal.
The White Wine Group Obtains 1,300+ Acre Paicines Vineyards
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Paicines Vineyards
The Paicines Vineyards are located in the Paicines American Viticultural Location, a quality growing area of California’s Central Coast and San Benito County that has actually seen a revival of interest in red wines produced where deep-rooted brand names such as Almaden and Paul Masson originated.
The acquisition expands The White wine Group’s existing holdings of vineyards within the Paicines AVA in a considerable method. “The Paicines Vineyards use a great blend of water security, scale, production, quality, and overall worth as a property to produce seaside red and white winegrapes for our wine programs presently met with strong demand,” mentioned John Sutton, CEO of The Wine Group.
About The Wine Group
With over 60 white wine brand names and many winery facilities located worldwide, The Wine Group, headquartered in Livermore, CA, is America’s second largest red wine manufacturer by volume. TWG is responsible for many of America’s most beloved and award-winning wine brand names such as Cupcake, Franzia, Benziger, Images, AVA Grace, 7 Deadly, and more. “At TWG we are proud to make a positive ecological impact and maintain our land for generations to come. We demonstrate our environmental stewardship through our commitment to tidy energy, our accreditation of all TWG vineyards (covering thousands of acres) as sustainable or biodynamic, and requiring our third-party grape producers to do the exact same. This is not only great for the land, it’s good for the future and for the white wines we make.” For more information, please see: www.thewinegroup.com
About The Mendrin Group
The Mendrin Group is a leading agricultural industry brokerage, consulting, and advisory company, that focuses on the evaluation, marketing, acquisition, and sale of agricultural associated properties and vertically-integrated agribusinesses, and has represented customers throughout the United States and internationally for over thirty years. Based in California, The Mendrin Group has served in an advisory role in numerous deals on behalf of family farming operations, agribusinesses, investment companies, and pension, personal equity, and sovereign wealth funds, in addition to international food and beverage business. For more info, please see: www.mendrins.com
SOURCE The Mendrin Group