Jan 13, 2014 9:05 PM by KSBY Staff
The man often referred to as the "godfather" of the Central Coast wine industry is at the center of a hostile takeover attempt at his namesake winery.
Gary Eberle was removed as general partner of the group that owns Eberle Winery.
Eberle started the winery in 1979 with a group of investors, many of whom have sold their shares to Gary Eberle himself, or others. He and his brother owned nearly 80% of the winery, but multiple sources and Gary Eberle himself, say his sister-in-law spearheaded a move Monday to remove him as general partner, and the winery is now being run by the trust.
Eberle does still own a significant percentage of the operation. He produced his first bottle of Eberle Cabernet Sauvignon in 1979, and through the recognition of his wines on the national and international level, is credited by many as putting Paso Robles on the map.
Gary Eberle told KSBY he is shocked and hurt. He says the winery just had its best year ever and all partners were making good money.
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Thank you! KSBY.com
6 hours ago