Andrew Peller which markets personal winemaking products and owns wine brands across Canada, will soon spend $95 million to buy Black Hills Estate Winery, Gray Monk Estate Winery and Tinhorn Creek Vineyards.
Already, the company has “definitive agreements” to acquire 100 per cent of Black Hills and Gray Monk, and has entered into a “letter of intent” to acquire 100 per cent of Tinhorn Creek.
Andrew Peller said it expects to finalize all of the transactions by October.
Source: variety of internet pages. Picture by ODN