Early Tuesday morning news broke of a Napa Valley winery being sold.
Delicato Family Vineyards (DFV), a family-owned winery based in Manteca, California, agreed to purchase Napa’s Black Stallion Winery for an undisclosed sum.
Following months of speculation around who would and would not survive the economic downturn here in the Valley, the sale of Black Stallion may mark the beginning of more industry consolidation to come.
In a press release announcing the sale, Black Stallion owner Terry Maglich said “My brother and I were looking for a company with the vision and resources to take Black Stallion to the next level. Delicato Family Vineyards is a first class operation and I’m honored to place Black Stallion into the hands of the Indelicato family.”
“In the short term, not much will change – the plan is to focus our attention over the next year to fully understanding the business,” a Delicato Family Vineyards spokeswoman told The Cork Board late Tuesday night. “Longer term, we plan to utilize the winemaking facilities to handle some of our own custom crush and barrel storage needs. Currently, we work with other facilities in the Valley for our Napa wines or send the wine to Manteca or Monterey for processing.”
DFV also plans to develop a portfolio of Napa Valley wines under the Black Stallion label to be distributed nationally/internationally through its existing distributor network.
The Tasting Room will continue to operate as it previously did and will be staffed by many of the original Black Stallion employees according to the spokeswoman. DFV’s VP of Marketing, Riccardo Mora, will oversee operations of the Black Stallion Tasting Room as well as the Wine Club.
Located in the Oak Knoll District along the Silverado Trail, Black Stallion Winery is a small producer that makes some 3,800 cases of wine per year. Meanwhile, Delicato owns and farms several Northern California vineyards including Clay Station Vineyard in Lodi and San Bernabe Vineyard in the Monterey appellation and is said to be seeking to expand even further.