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One of the worldâs largest winemakers, Australiaâs Treasury Wine Estates (TWE), has acquired a California vineyard for $1 billion that it hopes to make the linchpin in its efforts to enter the U.S. premium market.
Daou Vineyards is owned by two Lebanese American brothers who started with just a one-acre vineyard, making wine in their garage. It has grown from a scrappy upstart to what Ben Dollard, president of Treasury Americas, said would have a âcornerstone role within our port...
>>> Read more: Australian winemaker just paid $1 billion for a California winery owned by two brothers who started making wine in their garage
Daou Vineyards is owned by two Lebanese American brothers who started with just a one-acre vineyard, making wine in their garage. It has grown from a scrappy upstart to what Ben Dollard, president of Treasury Americas, said would have a âcornerstone role within our port...
>>> Read more: Australian winemaker just paid $1 billion for a California winery owned by two brothers who started making wine in their garage
