According to Wine Enthusiast:
The deal includes 30-plus acres of Cabernet Sauvignon, Zinfandel and Chardonnay, but not the Potelle brand or inventory, which will remain in the hands of the founders, Jean-Noel and Marketta Fourmeaux du Sartel.
Chateau Potelle, which is probably best known for its zinfandel and the VGS brand (you’ll have to ask at the winery what VGS stands for), was founded by the Fourmeaux family in 1988 after they purchased some 200+ acres on Mount Veeder. It’ll be interesting to see where things go from here…
Update: Jackson Family Wines has issued a press release on the purchase. Here’s a key quote:
“This acquisition, of some of the finest mountain vineyards in Napa Valley, will compliment our other outstanding estate vineyards,” said Jess Jackson. “We believe rare mountain vineyards such as these are capable of producing great wines.”