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Tapp Labels Begins Layoffs After Reduced Operations At Vancouver Plant

Tapp Labels is downsizing its Vancouver printing plant with the result that at least 50 employees are being laid off according to sources at the company and internal correspondence obtained by Wine Industry Insight. Specific layoff numbers for each plant location are not available.   The actions are expected to be complete by the end […]

Truett-Hurst Relieved That Hambrecht’s VML Winery Has Been Sold To Hunneus Vintners

Truett-Hurst (Nasdaq: THST) staff and shareholders are relieved that VML Winery has reportedly been sold to Huneeus Vintners for $15.5 million.   The status of VML — THST’s primary production facility — has been in limbo since last October when Hambrecht attempted to evict  Truett-Hurst from the winery.   The trustee auction sale was first […]

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$8 million in arrears, Hambrecht’s VML Winery set for lien auction

VML Winery in Healdsburg has been scheduled to be sold to the highest bidder at a public auction next week The winery is owned by the Hambrecht Wine Group and is the primary production facility for the Truett-Hurst Wine company.   In October 2015, Hambrecht sought to evict Truett-Hurst from the VML Winery which had […]

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Bello Family Vineyards Rutherford estate property set for bankruptcy auction

Amid  court allegations of fraud and financial misdeeds, the multi-million-dollar Rutherford estate owned by Southern California contractor Michael Ru Bello and his family is scheduled to be auctioned August 4.   The residential property —  still known as the Bello Family Vineyards — is located at 8424 Saint Helena Highway south of Rutherford and adjacent to […]

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Bello/Walldesign fraud allegations & reasons for clawbacks

While no fraud charges have been filed against anyone, allegations frequent many of the court documents in the Bello/Walldesign bankruptcy case. This unedited description below, excerpted from a document filed with the bankruptcy court on Feb. 25, 2014, is typical.   MEMORANDUM OF POINTS AND AUTHORITIES FACTUAL BACKGROUND Walldesign, Inc. (“Walldesign”) was in the business […]

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Vintank dead? Vin65 customers left in lurch. Signs point to quiet euthanasia by private equity

NOTE: This article will be updated with any responses or further information that may be received.     Vintank seems to have been quietly euthanized by a Denver private equity firm which invested this May in online ad agency W2O, which had bought Vintank in 2015.   Death slips out in Vin65 blog post   […]

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The list of 12 Treasury Wine brands and the name of the buyer(s)

In today’s News Fetch (TWE dumps 12 cheap US wine brands but refuses to name them), we wrote a speculative piece about the brands that Treasury Wine Estates is selling: (Wildly speculating about the mystery brands that Treasury just punted off their roster).   That article — as we mentioned — was total speculation (and […]

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Wildly speculating about the mystery brands that Treasury just punted off their roster

BREAKING NEWS: The list of 12 Treasury Wine brands and the name of the buyer(s) is available for premium subscribers only.   NOTE: The presence of a winery in the list is pure speculation and should not be taken as proof the mentioned brand is being divested.   This is far from an authoritative list. […]

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Investor disclosure now an issue as Constellation evades & GI Partners remains silent about Duckhorn sale

The accuracy of  Wine Industry Insight’s article about the proposed sale of Duckhorn Wine Company to Constellation by GI Partners remains officially unresolved as the two main parties in the transaction refuse to confirm or deny the deal.   GI Partners remains silent while Constellation evaded the question yesterday with this official waffle: “Constellation Brands’ […]

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Amid no word at all from Constellation or GI Partners, Duckhorn exec says not for sale. Sources hold firm.

Wine Industry Insight’s article: Constellation In Talks To Buy Duckhorn from GI Partners has gotten plenty of comments, but none from the present owners of the wine consortium (GI Partners) and the presumptive buyer (Constellation Brands).   Well before the article ran, Wine Industry Insight sought comment and emailed a draft of the original article to […]

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