Wines & Vines Home
   
 
Welcome Guest
LOGIN |  CREATE ACCOUNT
 
ADVERTISEMENT
 
 
 
05.28.2014  
 

SVB estimates 524 wineries to change hands

St. Helena, Calif.—Based on a survey of wineries in the West Coast, Silicon Valley Bank is reporting that 524 wineries in Washington, Oregon and California are “strongly considering a sale, or are hopeful a sale will take place.”

The bank arrived at that figure by extrapolating results from a survey that found 10.5% of wineries surveyed (or 68 of 646) reported they were hoping to sell or strongly considering such a move. Calculating that there are 4,989 wineries on the West Coast, based on figures from statewide winery associations, the bank applied its 10.5% figure to arrive at the 524 total for wineries looking to sell.

“If you’re in the market for a winery as a commercial entity or a family business, there’s never been a better time,” said Rob McMillan, founder of Silicon Valley Bank’s Wine Division and the report’s author. “The current pace of ownership transitions in the last—and the next—few years is the highest the West Coast wine industry has ever seen.”

According to the report, Washington wineries are more likely to be open to an acquisition offer in the near term, as are wineries producing wines with lower average price per bottle. The wineries considering a sale are roughly split between commercial wineries and lifestyle properties. Download the complete report here: svb.com
 

SHARE »
Close
 
Currently no comments posted for this article.
 
BACK TO NEWS BRIEFS INDEX »


 
Wines & Vines Home
 
866.453.9701 | 415.453.9700 | Fax: 415.453.2517
65 Mitchell Blvd., Ste. A San Rafael, CA 94903
info@winesandvines.com
Wine Industry Metrics
 
Off-Premise Sales » Month   12 Months  
December 2014 $776 million
3%
$7,866 million
5%
December 2013 $755 million $7,470 million
     
Direct-to-Consumer Shipments » Month   12 Months  
December 2014 $166 million
14%
$1,820 million
15%
December 2013 $145 million $1,576 million
     
Winery Job Index » Month   12 Months  
December 2014 155
27%
229
14%
December 2013 122 200
     
 
MORE » Released on 01.15.2015
 
 
 
 
 
 
 
 
 
 
 
 
 
 

 
 

Direct To Consumer
Wine Shipping Report
2015
 
Download full report »
 
 

Practical Winery & Vineyard Library
 
Search the PWV archive »
 
 

CALENDAR
  • January 29-31
     
    Zinfandel Experience
     
  • February 5-7
     
    Cold Climate Conference
     
  • February 6
     
    Wine Market Council Research Conference, Napa Valley
     
  • February 6-7
     
    Maryland Grape and Wine Industry Conference
     
  • MORE »
 

READER COMMENTS
 
Article: Pierce's Disease Assessment Vote Approaches »
 
Now that Dr. Walker has conquered PD, shall we get him working on GRBaV?
Reader: Guest
 
Article: Who's Confused About Champagne? »
 
I think Korbel is missing an opportunity to reap a public relations bonanza. They could...
Reader: Donn Rutkoff
 
Article: Wine Flash Sales Activity Still Strong »
 
Thanks for the comment. It's a good point. We have added a line to the...
Reader: Jim Gordon
 
Article: Wine Flash Sales Activity Still Strong »
 
The bar chart at the top of this article is misleading. Nowhere in the chart...
Reader: Guest
 
Article: Tasting the Effects of Wine Closures »
 
I am a few months behind on reading so I was happy to see what...
Reader: David Coffaro
 
 


Directory/Buyer's Guide — Your Wine Industry Marketplace
 
 
WINERY SEARCH
 
 
Advanced Search »
SUPPLIER SEARCH
   by Product
 by Company Name or Brand
 
Browse by Category »
2015 Directory/Buyer's Guide
The Wines & Vines Directory and Buyer's Guide
 
 
EXPANDED ONLINE SEARCH INCLUDED WITH PURCHASE
 
ORDER NOW »
 
LEARN MORE »
 
 
Wines & Vines Magazine
 
 
LEARN MORE »
 
SUBSCRIBE »
 
Digital Edition Now Available!
Wines & Vines Digital Edition Now Available
 
LEARN MORE »
 
ORDER NOW »
 
 
The Wines & Vines Online Marketing System
 
The Industry Standard winery marketing application
 
FREE LIVE DEMO »
 
VIEW VIDEO »
 
 
 
 
Latest Job Listings
 Sales & Marketing For ...
 Baltimore, MD
Sales and Marketing
 Executive Wine Special...
 San Francisco, CA
Sales and Marketing
 Wine Club Coordinator/...
 Sebastopol, CA
General Administration and
 Visitor Center Guest R...
 Napa, CA
DTC, Tasting Room and Retai
 Visitor Center Server
 Napa, CA
DTC, Tasting Room and Retai
 Part Time Tasting Room...
 Saint Helena, CA
DTC, Tasting Room and Retai
 Technician
 Windsor, CA
Winemaking and Production
 Office & Winery Assist...
 St. Helena, CA
General Administration and
 Full Time Enologist
 St. Helena, CA
Winemaking and Production
 Fine Wine & Culinary C...
 Waltham, MA
Sales and Marketing
 
More Job Listings >>
Follow Us On:
 
 





Home  |  About Us  |  Editors  |  Subscribe  |  Print Edition  |  Digital Edition

Advertise  |  Site Map  |  Contact Us  |  Privacy Policy
 
 
Copyright © 2001-2015 by Wine Communications Group, Inc. All Rights Reserved.
No material may be reproduced without written permission of the Publisher.
Wines&Vines does not assume any responsibility for any unsolicited manuscripts or materials.