Local Buyers Look to Acquire Parts of Bankrupt Vintage Wine Estates | KSRO
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Local Buyers Look to Acquire Parts of Bankrupt Vintage Wine Estates

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Two potential buyers have emerged for Vintage Wine Estates and their assets amidst their bankruptcy. Bill Foley’s Santa Rosa-anchored Foley Family Wines Inc. is attempting to buy five wine brands from Vintage Wine Estates. Meanwhile, Jeffrey House, backed by equity funder Playa Capital Partners, is looking to buy back California Cider Company which includes Ace Cider. Vintage Wine Estates Inc. filed for Chapter 11 bankruptcy last month, claiming around $400 million in liabilities and $425 million in assets.