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Home Commercial Treasury Wine Estates Acquires DAOU Vineyards in Paso Robles for Nearly $1B
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Treasury Wine Estates Acquires DAOU Vineyards in Paso Robles for Nearly $1B

October 31, 20234 Mins read1.2k
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NAPA, Calif., Oct. 30, 2023 -- Treasury Wine Estates Ltd (ASX:TWE), one of the world's leading wine companies, today announced that it has reached an agreement to acquire DAOU Vineyards, the acclaimed luxury wine business founded by brothers and co-proprietors Georges and Daniel Daou for an upfront consideration of $900 million, plus an additional earn-out […]

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