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September 9, 2022

Ste. Michelle Wine Estates

Ste. Michelle Wine Estates acquired A to Z Wineworks, a top-selling winery in Oregon. This is the first strategic acquisition for Ste. Michelle Wine Estates under the ownership of private equity firm Sycamore Partners. Together with Ste. Michelle's Erath Winery, the addition of the A to Z and Rex Hill brands gives Ste. Michelle a substantial presence in Oregon and the combined business will be a leading producer of the state's signature variety, pinot noir. Amy Prosenjak, president and CEO of A to Z, will join Ste. Michelle as president of Oregon brands, overseeing the company's combined operations in the state. In addition to Prosenjak, A to Z founding partners Deb Hatcher, Cheryl Francis and Sam Tannahill will join Ste. Michelle as consultants. BNP Paribas Securities served as financial advisor to A to Z. Bank of the West is continuing as the lender to both Ste. Michelle and A to Z. Kirkland & Ellis acted as legal counsel for Ste. Michelle and Tonkon Torp supported A to Z. Terms of the deal were not disclosed. Ste. Michelle Wine Estates is the largest winery in the Pacific Northwest and among the largest premium wineries in the U.S. The winery now farms more than 30,000 acres across Washington, Oregon and California, and distributes its wines in over 100 countries.




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