Idaho's largest winery has new owner
The Ste. Chapelle Winery, located in the Snake River Valley, has been purchased by Precept Wine. The Seattle, WA, company is the largest privately held, and second largest overall, wine company in the Northwest.
The seller was Ascentia Wine Estates of Healdsburg CA. Precept already owned the Sawtooth Estate Winery, also located in the Snake River Valley AVA.
Andrew Browne, founder and CEO of the nine-year-old Precept Wine, said, "This is a reunion of sorts for me, having worked with the winery when it was part of Corus Brands."
Ste. Chapelle Winery is best known for its Riesling, Soft Red, Soft White and Huckleberry wines. It produces approximately 130,000 cases of wine annually and distributes nationally.
Ste. Chapelle, the largest winery in Idaho, was founded in 1976. It was purchased by Constellation Brands in 2001, then by Ascentia in 2008.
"We are thrilled with Precept's purchase of Ste. Chapelle," said Moya Shatz Dolsby, Idaho Wine Commission executive director. "It shows well for the state of Idaho that a large company from Washington state has not only one but two Idaho wineries, and I look forward to furthering the commission's relationship with Precept Wine."
Precept's portfolio includes Waterbrook, Canoe Ridge, Sagelands, HOUSE Wine, Willow Crest, and Apex Cellars in Washington state; Primarius in Oregon, and Shingleback and Red Knot from the McLaren Vale in Australia.
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Posted by William M. Dowd at 1:44 PM