Mondavi Winery to Buy Byron Vineyard: The...
From Times Staff and Wire Reports
Mondavi Winery to Buy Byron Vineyard: The Robert Mondavi Winery has agreed to purchase Byron Vineyard & Winery in Santa Barbara County, The Times has learned. The deal would further expand Mondavi’s extensive land holdings along California’s Central Coast. It follows the 1987 purchase by Mondavi Winery of more than 1,000 acres of vineyards in Santa Barbara County. No purchase price was announced, but sources said the transaction amounts to more than $6 million. The purchase, which is expected to be completed on March 1, includes a modern winery built in 1984, 175 acres of vineyards and inventory of 20,000 cases of wine.