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October 21, 1988 | DAN BERGER, Times Wine Writer
Two more Japanese investors are purchasing two super-premium Napa Valley wineries, bringing to seven the number of California wineries now owned by Japanese interests. In the larger of the two deals, Kirin Brewery Co. of Japan has agreed to purchase the Raymond Vineyard & Winery for an estimated $18 million. Whitehall Lane Winery, just up the road from Raymond, has been acquired by a private Japanese citizen, owners of the Napa Valley winery announced.
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October 21, 1988 | DAN BERGER, Times Wine Writer
Two more Japanese investors are purchasing two super-premium Napa Valley wineries, bringing to seven the number of California wineries now owned by Japanese interests. In the larger of the two deals, Kirin Brewery Co. of Japan has agreed to purchase the Raymond Vineyard & Winery for an estimated $18 million. Whitehall Lane Winery, just up the road from Raymond, has been acquired by a private Japanese citizen, owners of the Napa Valley winery announced.
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April 10, 1989 | DAN BERGER, Tim es Wine Writer
Until Kirin Brewery Co. came along, foreign firms purchasing American wineries have done so lock, stock and barrels. Earlier this year, when the Raymond Vineyard Winery announced completion of the deal in which Kirin, the brewing giant, became the owner of this Napa Valley jewel, a line in the press announcement noted that Raymond "will retain an ownership interest in the winery and will continue to operate and manage the business." Other Japanese buyers of wineries have left Americans in charge.
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