(Source: Moss Adams LLP) by Jeff Gutsch, National Practice Leader, Wine Practice, and Mario Zepponi, Principal, Zepponi & Company Despite rumors to the contrary, Chinese investments in the Unites States wine industry have been infrequent and unpredictable. Over the past five years there have been only two significant winery purchases-both in Napa Valley-by Chinese investors: Sloan Estate, an exclusive Napa Valley luxury‑end winery, was sold by owner Stuart Sloan for an estimated $50 million in 2011 to Goldin Financial Holdings, a publicly traded Hong Kong-based conglomerate. Quixote Winery, a Napa Valley estate winery, was sold to privately held Jinta Vineyards & Winery in 2014 in the...
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