Photo courtesy of Black Hills Estate Winery
Black Hills Estate Winery
Andrew Peller Limited announced that it has signed definitive agreements to acquire 100% of Black Hills Estate Winery and Gray Monk Estate Winery and has entered into a letter of intent to acquire 100% of Tinhorn Creek Vineyards, for a combined purchase price of $95 million.
“My grandfather started our business in the Okanagan nearly 60 years ago, and we have always been inspired by the Valley’s promise to make wines that rival the very best in the world," said Peller CEO John Peller. We have long admired these leading estate VQA wineries and now it is a privilege to bring their ultra-premium wines and talented people into our family.”
