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Arroyo Grande winery sold to Vintage Wine Estates

Posted at 6:50 PM, Mar 21, 2019

A popular wine stop in Arroyo Grande, Laetitia Vineyard & Winery, is now under new ownership after its sale was announced this week.

According to a news release, Laetitia was acquired by Vintage Wine Estates, a privately held wine company under the control of a group of California vintner families.

Laetitia Vineyard & Winery, located along Highway 101, has 680+ acres and a view of the Pacific Ocean.

According to their website, grapes were first planted in 1982 by French viticulturists. It was purchased 19 years later by Selim Zikha, the founder of a wind power development company.

In addition to the Laetitia purchase, Vintage Wine Estates recently acquired Qupé Winery as well as Alloy Wine Works located in Paso Robles. Clayhouse Wines, also in Paso Robles, was purchased by Vintage Wine Estates in 2016.

“We are strongly committed to the Central Coast wine growing region, and Laetitia will be the home and hub of our Central Coast production and operations moving forward,” said Pat Roney, Vintage Wine Estates CEO.

‘Wine Spectator’ says Vintage now owns more than 30 brands, representing roughly 2 million cases of annual production.

Laetitia winery is most known for Pinot Noir. It also produces sparkling wines and Chardonnay.

Current Head Winemaker Eric Hickey will reportedly stay on as a member of the Vintage Wine Estates winemaking team.

The financial terms of the sale were not disclosed.