Cynthia Littleton Business EditorNapa Valley’s Frank Family Vineyards has been acquired by Treasury Americas for $315 million.The winery has been owned and operated for 30 years by Rich Frank, former top executive at Disney and Paramount Pictures who moved into the grape business in the early 1990s.
The acquisition covers the Calistoga, Calif.-based winery, brand and vineyard holdings.The acquisition includes the Frank Family Tasting Room in Calistoga, Calif., the Benjamin Vineyard in Rutherford, the S&J Vineyard in Capell Valley, and a portfolio wines with retail price points ranging from $38 to $225 a bottle.
Todd Graff, Frank Family winemaker and general manager, will remain with Frank Family Vineyards after closing. Frank and his wife,.
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