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Stagecoach Vineyard is sold to Gallo.

MODESTO, Calif. -- E.&J. Gallo Winery said it has agreed to purchase Stagecoach Vineyard, a Napa Valley vineyard known for its terrain, rolling hillsides and a long-standing reputation for exceptional wine grapes.

Located in the Pritchard Hill Region and the Atlas Peak appellation, Stagecoach Vineyard encompasses numerous soil depths, soil types and microclimates, which Gallo said are ideal for premier grape growing.

Dr. Jan Krupp purchased the Napa Valley property that would later become Stagecoach Vineyard in 1995. Krupp, along with a few close friends, began developing the 1,300-acre property later that year. It took seven years to clear more than a billion pounds of volcanic rock from the property, and today Stagecoach Vineyard is the largest contiguous vineyard in the Napa Valley, with more than 600 acres planted to vine.

"Dr. Jan Krupp is a meticulous grape grower and an innovator in the wine community," stated Roger Nabedian, senior vice president and general manager of Gallo's premium wine division. "We are thrilled to continue working with Jan to produce the finest luxury fruit for Napa Valley's most esteemed wine makers.

"This purchase affirms Gallo's commitment to compete in the luxury wine segment and provides us the opportunity to continue making and selling luxury wine offerings such as Louis M. Martini, William Hill Estate and Orin Swift."

Sought after by Napa Valley's most prestigious winemakers, Stagecoach Vineyard sells grapes to over 90 wineries, ranging from small boutique wineries to large-scale wine companies, and more than 30 wineries bear the Stagecoach name on their label.

As part of the agreement, Gallo said it will honor all grape contracts with existing Stagecoach Vineyard customers.

"While my decision to sell was not simple, I was delighted to find a buyer that is committed to continuing the tradition of excellence and the pursuit of enhancing the world-class vineyard I have created," said Krupp.

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Title Annotation:SUPPLY SIDE
Date:Apr 17, 2017
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