Constellation Brands Buys Napa’s Schrader Cellars

Purchase will add award-winning wines to Constellation’s portfolio.
Thomas Brown, Fred and Carol Schrader. Courtesy Schrader Cellars.

Constellation Brands Inc. said late Friday that it had bought Schrader Cellars’ iconic wines. The Schrader Cabernet Sauvignon portfolio, sourced from Napa Valley, is a highly rated American Cabernet Sauvignon portfolio.

The agreement includes vineyard sourcing, current inventories and eight Schrader Cabernet Sauvignons. Terms were not disclosed.

Schrader’s winemaker, Thomas Brown, will work with the Constellation team and lead all aspects of the winemaking from vineyard to bottle, the statement by the Fortune 500 company said.

Schrader Cellars produces between 2,500 and 4,000 cases of Cabernet from Beckstoffer To Kalon, Beckstoffer Georges III in Rutherford and Las Piedras Vineyard in St. Helena annually. The sale includes the 2015 and 2016 vintages, which are still in barrel, as well as part of the winery’s inventory.

Schrader Classics Are Part of The Deal

Founded in 1998, Schrader Cellars’ namesake wines, Schrader CCS and Schrader Old Sparky, both sourced from the Beckstoffer To Kalon Vineyard, were awarded 100 points from Robert Parker of Wine Advocate for three consecutive vintages.

The limited-production wines are sold direct-to-consumer through a mailing list with an exclusive offering available in fine-dining establishments. The collection will join Constellation’s newly established fine-wine organization TRU Estates and Vineyards–a team specialized in servicing luxury wine consumers and customers.

Published on June 18, 2017
Topics: Wine News



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