Ste. Michelle Wine Estates and Marchesi Antinori to Buy Stag's Leap

Winemaker Warren Winiarski to stay on as advisor.


Published:

Woodinville, Washington-based Ste. Michelle Wine Estates and Florence, Italy-based Marchesi Piero Antinori announced yesterday that they are acquiring Stag's Leap Wine Cellars in Napa in a joint venture partnership. Founding winemaker Warren Winiarski will remain in an advisory role for three years.

The $185 million sale includes the estate brand, the winery, and its signature vineyards S.L.V. and Fay.

"There are few opportunities in one's lifetime when such a rare site is available," said Piero Antinori, referring to the legacy of Stag's Leap, a producer of top-quality wines from historic Napa Valley vineyards. Ste. Michelle president Ted Baseler also stressed the importance of Stag's Leap's 30-plus years of winemaking, spurred on by pioneer vintner Winiarski. "Stag's Leap Wine Cellars perfectly fits our shared vision of producing wines from historic vineyard sites," he said.

Warren Winiarski was among the first visionaries to champion the Cabernet Sauvignon grape as perfectly suited to the Napa Valley. His 1973 Stag's Leap Cabernet Sauvignon made history when it bested four top-ranked Bordeaux wines, including two First Growths, in the now legendary 1976 Paris tasting.

"Ted and Piero appreciate the unique, terroir-based characteristics of this estate . . ." said Winiarski. "and they understand its pivotal importance to Napa Valley's history, and its future."

 

More Online Exclusive articles:

Related Articles

Argentina’s Alternative Top-Rated Wine

Malbec is Argentina’s defining wine, but a growing number of ­top-quality Cabernet Sauvignons—and a few Cabernet Francs—prove that the country is no one-trick pony.

Germany’s Best Pinot Noirs

Though cultivated locally for centuries, today’s elegant expressions are fast becoming global darlings.

Your Guide to Top-Rated 2010 Barolos

The 2010 vintage in Barolo is one of the best in recent history. The time to buy is now.

40 Under 40: America's Tastemakers 2014

Our second annual 40 Under 40 list salutes the leaders of a new generation of drinkers.

Subscribe

You can unsubscribe at any time. View an example of our newsletter.

Shop

>

Related Web Articles