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CalPERS in talks to exit vineyard partnership
October 17th, 2011Part of the multibillion restructuring of hard-hit real estate investments over the past few years by the California Public Employees’ Retirement System (CalPERS) are potential changes to a joint venture with Premier Pacific Vineyards of Napa to acquire up to $200 million in West Coast vineyards. … Part of the $1 million-plus invested in production and distribution of the Napa Smith beer brand since it was acquired is a tasting room opened this month at the specially designed south Napa brewery-winery, located at 1 Executive Way. … St. Helena-based ETS Laboratories is now offering free same-day results on common analyses such as juice panels for San Joaquin County vintners. … As part of a mergers-and-acquisitions panel at the recent Wine Industry Financial Symposium in Napa, Jeff Menashe of Demeter Group observed four trends among active buyers of wine businesses and successful sellers.
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Crushpad to move to Napa Valley
February 9th, 2010NAPA VALLEY — Crushpad, which has been making wine for hobbyists and boutique vintners in a warehouse in San Francisco since it started in 2004, on Monday announced plans to relocate its winemaking functions to Silverado Trail Wine Studio in the Oak Knoll District of Napa Valley by early March.
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