Abstracts » Food and beverage industries

From shake-up to breakup at Mondavi

Article Abstract:

The Robert Mondavi Winery, once known as the crown jewel of Napa Valley, is facing some hurdles of outside bidders, financing for an acquisition and their own history of disagreements over the way to run business. On the recommendation of the chairman Ted Hall the shareholders of the company are planning to vote on the proposal to split the company into "lifestyle" and luxury divisions and shift the Mondavi's voting power from 85 percent to just less than 40 percent.

Acquisitions & mergers, Organizational history, California, Company acquisition/merger, Wine industry, Company restructuring/company reorganization, Reorganization and restructuring, Robert Mondavi Corp., Company organization

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Wine World's new treasure

Article Abstract:

Wine World, now named Beringer Wine Estates, is owned by Pacific Group and Siverado Partners. It paid about $33 mil for the St. Jean winery of Sonoma County, CA. This winery produces 250,000 cases a year. The winery is now managed by Don Van Staaveren who succeeds veteran Richard Arrowsmith.

Management, Column, Beringer Wine Estates Holdings Inc., Van Staaveren, Don, Chateau St. Jean

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