Close

Foley Family Wines Purchases Chalone Estate Vineyard

Historic winery is a key addition to Foley Family Wine's portfolio of fine wines.

February 8, 2016 5:00 AM EST

HEALDSBURG, Calif., Feb. 8, 2016 /PRNewswire/ -- Bill Foley and Foley Family Wines announced the purchase of Chalone Estate Vineyard, celebrated producer of award winning Chardonnay and Pinot Noir in the Chalone appellation in Monterey County.

Foley Family Wines is acquiring the Chalone Estate Vineyard and Gavilan brands as well as nearly 1,000 contiguous acres, with 240 acres planted to vine. The beautiful estate rests on the Gavilan Mountain Range on the north slope of Chalone Peak. At 1,800 feet, the vineyards overlook spectacular views of the Salinas Valley, made famous by local author John Steinbeck.  

Chalone Estate Vineyard is the sole winery in the Chalone American Viticultural Area (AVA). The Estate wines are sourced from the oldest producing vineyard in Monterey County, including the Estate Chenin Blanc which continues to be produced from plantings going back to 1919. The wines are 100% estate-grown, produced and bottled and each vintage is crafted to best reflect the land on which the vineyards sit. With its limestone-based soils, Chalone Estate closely resembles traditional French sites. The resulting wines have historically showcased an elegance and minerality celebrated most famously in the "Judgement of Paris" in 1976, where California wines were tasted blind against top French wines by an esteemed panel of wine experts. The wine world was shocked when three of the top five white wines were from California and Chalone Estate's 1974 vintage Chardonnay placed third.

Bill Foley, Proprietor of Foley Family Wines said, "We have incredible wineries and vineyards stretching from Lincourt in Solvang, California up to Three Rivers in Walla Walla Washington. Chalone Estate Vineyard, with its great wines and incredible history, gives our consumers and guests world class wine options along the entire coast."

About Foley Family Wines Foley Family Wines was established by Bill Foley in 1996 with the acquisition Lincourt Vineyards in California's Santa Ynez Valley. Since then, Foley Family Wines has grown to become a major producer, marketer and distributor of highly-acclaimed, handmade wines from some of the world's greatest vineyards. Every brand in the company's portfolio is distinct and autonomous with its own identity, style, techniques and personnel. Foley Family Wines owns the following properties: Foley Estates (Santa Rita Hills, CA), Lincourt Vineyards (Solvang, CA), Merus (Napa Valley, CA), Foley Johnson (Napa Valley, CA), Kuleto (Napa Valley, CA), Altvs (Napa, CA), Chalk Hill (Sonoma County, CA), Sebastiani (Sonoma County, CA), Roth (Sonoma County, CA), Langtry Estate (Lake County, CA), Lancaster Estate (Sonoma County, CA), Three Rivers Winery (Walla Walla, WA), Firestone Vineyard (Santa Ynez Valley, CA), Eos (Paso Robles, CA), Vavasour (Marlborough, New Zealand), Clifford Bay (Marlborough, New Zealand), and Te Kairanga (Martinborough, NZ). Bill Foley is Chairman of the Board of Directors for Fidelity National Financial, Inc. and Vice Chairman of Fidelity National Information Services. Both are Fortune 500 companies.

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/foley-family-wines-purchases-chalone-estate-vineyard-300216336.html

SOURCE Foley Family Wines



Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In





Related Categories

Press Releases

Related Entities

Definitive Agreement