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<\/a><\/a>\n\u201cOur mission is to elevate life\u2019s meaningful moments, from the celebratory to the everyday, with exceptional wines that bring people together,\u201d said Robert Hanson, Chief Executive Officer. \u201cWe have built our distribution network with this in mind and are pleased with both the partnerships and terms negotiated in each state, which achieve a diversified and balanced distribution strategy. As a top ten domestic wine producer and the dominant player in the above $15 segment, we are honored to be a preferred partner for the country\u2019s leading distributors and look forward to collaborating with our new partners to continue to drive category growth in premium, luxury, and fine wine.\u201d<\/p>
\nDuckhorn\u2019s entry into these agreements is the culmination of a comprehensive strategic evaluation of its U.S. wholesale distribution network, with the goal of driving profitable sales growth through a substantial increase in focus and investment in the wholesale channel. When the transition of territories is complete, which is expected to occur this Summer, the distribution of some or all of the Company\u2019s winery brands will be managed by the following:<\/p>
\nReyes Beverage Group:<\/b><\/p> \nBreakthru Beverage Group:<\/b><\/p> \nEmpire Merchants:<\/b><\/p> \nColumbia Distributing:<\/b><\/p> \nMartignetti Companies:<\/b><\/p> \n*Effective upon the official closing of the deal between RNDC and Martignetti<\/p> \nJohnson Brothers:<\/b><\/p> \nQuality Brands Distribution:<\/b><\/p> \nThe remainder of the states will be managed through franchise partners, and The Duckhorn Portfolio will continue to distribute directly to retail and restaurant accounts throughout the state of California.<\/p> \nAbout The Duckhorn Portfolio<\/b><\/p> \nThe Duckhorn Portfolio is North America\u2019s premier luxury wine company, with eleven wineries, nine state-of-the-art winemaking facilities, five tasting rooms and over 2,200 coveted acres of vineyards spanning 38 Estate properties. Established in 1976, when vintners Dan and Margaret Duckhorn founded Napa Valley\u2019s Duckhorn Vineyards, today, our portfolio features some of North America\u2019s most revered wineries, including Duckhorn Vineyards, Decoy, Kosta Browne, Sonoma-Cutrer, Goldeneye, and Greenwing, among others. Sourcing grapes from our own Estate vineyards and fine growers in Napa Valley, Sonoma County, Anderson Valley, California\u2019s North and Central coasts, Oregon and Washington State, we offer a curated and comprehensive portfolio of acclaimed luxury wines with price points ranging from $20 to $230 across more than 15 varietals. Our wines are available throughout the United States, on five continents, and in more than 50 countries around the world.<\/p>\n
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