Add-on Acquisition • Beverages

Foley Family Wines Acquires Ferrari-Carano Vineyards and Winery

On June 9, 2020, Foley Family Wines acquired beverage company Ferrari-Carano Vineyards and Winery

Acquisition Context

This is Foley Family Wines’ 4th transaction in the Beverages sector.
This is Foley Family Wines’ 3rd transaction in the United States.
This is Foley Family Wines’ 3rd transaction in California.

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M&A Deal Summary
Date	June 9, 2020
Target	Ferrari-Carano Vineyards and Winery
Sector	Beverages
Buyer(s)	Foley Family Wines
Deal Type	Add-on Acquisition

Target Company

Ferrari-Carano Vineyards and Winery

Healdsburg, California, United States

Ferrari-Carano Vineyards and Winery is a producer of luxury wines, including classic selections in wide distribution, winery-exclusive wines, single-vineyard offerings, proprietary selections, and the acclaimed PreVail tier. White wines—predominantly Fumé Blanc and Sonoma County Chardonnay—are crafted at the Estate Winery, while Cabernet Sauvignon, Pinot Noir, and red blends are made at the PreVail Mountain Winery. Ferrari-Carano Vineyards and Winery was established in 1981 and is based in Healdsburg, California.

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