Buena Vista Acquired by Boisset Family Estates

Buena Vista Acquired by Boisset Family Estates

In a continuing foray into the world of California heritage brands, Boisset Family Estates announced today the addition of the historic Buena Vista Carneros winery to its expanding portfolio. The winery was purchased from Ascentia.

Buena Vista Carneros, California’s oldest premium winery, dates back to 1857, and will according to Boisset president Jean-Charles Boisset, continue to focus on the varieties that have defined the winery over the years, namely Pinot Noir, Chardonnay, Merlot and Syrah. Buena Vista is famed for its founder, Count Agoston Haraszthy, who brought the first Vitis vinfera to California and laid the groundwork for the California wine industry as it is known today.

“Buena Vista further demonstrates our desire to deeply anchor ourselves within California,” says Boisset, adding that Boisset Family Estates is committed to bringing “California’s most historical winery to greater heights on the world stage.”

In a separate deal, Ascentia announced that Gary Farrell will pass to the Vincraft Group. Vincraft owns Kosta Browne Winery and part of Kistler Vineyards and is co-led by Walter Klenz, who used to run Beringer/Wine World Estates.

The purchase prices of the two wineries were not announced. An Ascentia spokesperson said the Geyserville-based company plans to focus on its “core brands,” including Geyser Peak, Columbia Winery, Covey Run and Ste. Chappelle.

A Vincraft spokesperson said this morning that the company’s strategy is a “string of pearls” approach to building a portfolio of high-end brands.

Published on April 29, 2011