Duckhorn Portfolio, a leading North American luxury wine producer, has been acquired by private equity firm Butterfly in a $1.95 billion all-cash deal. This acquisition reflects Duckhorn’s premium market position with renowned brands like Duckhorn Vineyards and Decoy. Butterfly, specializing in food and beverage investments, aims to amplify Duckhorn’s growth globally. Shareholders will benefit from a 65.3% premium on stock value, as Duckhorn transitions to a privately held entity headquartered in St. Helena, California.
CategoriesVineyards
Butterfly to Acquire Premier North American Luxury Wine Company The Duckhorn Portfolio in $1.95 Billion Transaction
