Food Industry
Industry: Email Alert RSS FeedPine Ridge Winery, LLC
Food & Drink Weekly, April 2, 2001
Pine Ridge Winery, LLC announced that it has ended its efforts to sell Pine Ridge Winery, Napa Valley, California and its sister winery, Archery Summit, located in the Willamette Valley, Oregon. Pine Ridge had previously announced that it had retained the investment-banking firm of Credit Suisse First Boston to assist in selling the wineries.
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Although the company received offers from prospective buyers, none of the offers was commensurate with the company's view of the value and potential of the wineries.
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