Pine Ridge Winery, LLC /
Purple Wine Company, LLC
Pine Ridge Winery purchases assets from Purple Wine Company
Source for the buyer and target: Crimson Wine Group, Ltd.
For the buyer and target.
“On February 9, 2026, Pine Ridge Winery, LLC (“Pine Ridge”), a Delaware limited liability company and wholly-owned subsidiary of Crimson Wine Group, Ltd. (the “Company”), entered into, and closed the transaction contemplated by, that certain Asset Purchase Agreement, dated as of February 9, 2026 (the “Asset Purchase Agreement”), with Purple Wine Company, LLC, a California limited liability company (“Seller”).”
Published 9 Feb 2026
Open the sourceWhat happened
Pine Ridge Winery, LLC, a wholly-owned subsidiary of Crimson Wine Group, Ltd., closed its purchase of certain assets from Purple Wine Company, LLC on Feb. 9, 2026. [01]
The assets include inventory, intellectual property, consumer and customer lists, and certain liabilities. The purchase price was approximately $35.2 million. [01]
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Pine Ridge Winery purchases assets from Purple Wine Company
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Closed
“Pine Ridge Winery purchases assets from Purple Wine Company Pine Ridge Winery, LLC, a wholly-owned subsidiary of Crimson Wine Group, Ltd., closed its purchase of certain assets from Purple Wine Company, LLC on Feb. 9,…”
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