E. & J. Gallo Winery has agreed to purchase Talbott Vineyards, one of California’s largest producers of 100% estate-grown wines.
Talbott Vineyards is located within the Santa Lucia Highlands appellation near Monterey Bay and produces a variety of wines, specializing in Chardonnay and Pinot Noir.
Robb Talbott launched Talbott Vineyards in 1982 and built the original winery in Carmel Valley. “After more than 33 years dedicating my life to the establishment and growth of Talbott Vineyards, I am pleased to transition ownership of our wonderful company to E. & J. Gallo,” he said in a press release. “They represent the same commitment to quality that has been part of our heritage since the beginning,” said Robb Talbott.
The acquisition supports Gallo’s existing presence and properties in California’s Central Coast wine region, the company said.
The sale includes the Talbott brand, the winery located 21 miles south of Monterey Bay and the 525-acre Sleepy Hollow Vineyard, which Talbott purchased in 1994. Additionally, Gallo will continue to operate the Talbott Vineyards tasting room in Carmel Valle
Gallo already owns thirteen wineries strategically located in wine regions throughout California and Washington.
The sale is scheduled to close on September 4, 2015. Terms of the deal were not disclosed.
