Wines & Vines, October 1st, 2007
Los Olivos, Calif. -- Adam Firestone put into perspective the acquisition of his family wine business by the Foley Wine Group, announced Aug. 16. Firestone Vineyard in the Santa Ynez Valley of Santa Barbara County is the latest of several pioneering California wineries to transition in recent weeks, notably Duckhorn, Stag's Leap and William Hill in Napa Valley, and Davis Bynum in Sonoma County.
Firestone, president of the 150,000-case winery and a third-generation vintner, wouldn't reveal the price Foley is paying to acquire the Firestone Vineyard and Prosperity Wines brands, along with the...
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