Australian Treasury Wine Estates, which counts Penfolds among its brands, has purchased Daou Vineyards in California's Paso Robles for approximately $1bn.
Natural wines were, for a long time, associated with individual, iconoclast producers who saw the corporate wine giants as the enemy. Now one of those giants has moved onto their turf.
Treasury Wine Estates Ltd (TWE) confirms the majority acquisition of Château Lanessan in the Haut-Médoc. The move doubles the Penfolds brand's production capacity in France.
Tradition demands the participation of individuals who are dedicated to preserving it. For the Trentino winegrowers’ cooperative Mezzacorona, this involves safeguarding the indigenous grape varieties Teroldego and Marzemino, showcasing their qualities both as monovarietal wines and in blends.