Chalone Wine Group and Henry Wine Group Dissolve California Distribution Arrangement.Business Editors NAPA, Calif.--(BUSINESS WIRE)--June 14, 2002 The Chalone chalone /chal·one/ (kal´on) a group of tissue-specific water-soluble substances that are produced within a tissue and that inhibit mitosis of cells of that tissue and whose action is reversible. Wine Group and the Henry Wine Group announce the dissolution of their long-standing distribution arrangement in California. The relationship will phase out by June 30, 2002. Tom Selfridge, President & CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Chalone Wine Group (CWG CWG Conversations with God CWG Core Working Group CWG Certification Working Group (WiMAX Forum) CWG Collaboration Working Group CWG Commercial Working Group (TAT-14) ), and Fred Reno, CEO of The Henry Wine Group (THWG THWG The Health and Wealth Gospel (Bruce Barron book) ), stated that the dissolution was amiable and related to differences in marketing strategies and approach to the California market. Mr. Reno noted that CWG makes some of the world's finest wines and THWG has been proud to represent the Chalone Wine Group. Mr. Selfridge commented that THWG is one of the nation's leading fine wine distributors and that CWG is proud to have been associated with THWG. The Chalone Wine Group, Ltd. is a Napa-based company specializing in premium red and white varietal wines. In California, the Company owns and operates; Chalone Vineyard(R) in Monterey County, Acacia(TM) Vineyard in the Carneros District of Napa County, and Provenance Vineyards(TM), Hewitt Vineyard and Jade Mountain in Napa County and Moon Mountain Vineyard, Carmenet(R) Vineyards, and Dynamite Vineyards in Sonoma County. In conjunction with its 50 percent joint-venture partner, Paragon Vineyard Co., the Company owns and operates Edna Valley Vineyard(R) in San Luis Obispo San Luis Obispo (săn l  `ĭs ōbĭs`pō), city (1990 pop. 41,958), seat of San Luis Obispo co., S Calif., near San Luis Obispo Bay; inc. 1856. County. Additionally, the Company produces and markets wines of Central Coast appellation ap·pel·la·tion n. 1. A name, title, or designation. 2. A protected name under which a wine may be sold, indicating that the grapes used are of a specific kind from a specific district. 3. The act of naming. under the brand name Echelon Vineyards. In Washington State, the Company owns and operates Sagelands Vineyard(TM) and Canoe Ridge Vineyard(R). In the Bordeaux region of France, the Company owns 23.5 percent of the fourth-growth estate of Chateau Duhart-Milon, in partnership with Domaines Barons de Rothschild (Lafite) which owns the other 76.5 percent. |
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