3 wine companies by size at the time, whereas Delicato and Coppola are No. It's less likely that the FTC will intercede here because Constellation and Gallo were the No. Gallo Winery for nearly two years, causing turmoil in the grape markets and making some of those brands less valuable. The FTC recently held up a sale of low-end brands from Constellation Brands to E. Delicato was already the nation's fifth largest winery by production size the press release says the deal will make Delicato the No. But it does include the other Coppola brands, two wineries in Geyserville in northern Sonoma County, and the 100-acre Archimedes Vineyard parcel in Sonoma's Pine Mountain-Cloverdale Peak AVA.ĭelicato issued a press release about the deal but a company spokesman said no interviews would be granted until the Federal Trade Commission signs off on it. It also does not include Domaine de Broglie winery and vineyard in Oregon, which Coppola bought in 2018. The deal does not include Inglenook winery and vineyard in Napa Coppola's home is on the property. Both of their surviving children work in cinema like their parents once did, and neither was believed to be interested in running what had become a sprawling winery operation. Gallo Set to Dominate the Bargain BasementĬoppola turned 82 this year his wife Eleanor is 85. A well-known wine industry analyst who did not want to be named said this might be because the two sides were far apart on valuing Coppola's winery, but both wanted to make the deal. Terms of the deal were not disclosed, but it was not all cash, as Coppola will get stock in family-owned Delicato and a seat on the board.
| The deal between Coppola and Delicato could mean big things for both parties.įrancis Ford Coppola winery was sold to Delicato Family Wines on Thursday in a deal that brings together the nation's hottest box wine producer with Coppola's Sonoma County portfolio.
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