Penner-Ash sells to Jackson Family wines
Wine news Founder says she will remain as winemaker at the winery and maintain control of winemaking decisions
Newberg-based Penner-Ash Wine Cellars has sold to California giant Jackson Family Wines.
The sale, announced last week, transfers virtually all of Penner-Ashs business assets over to the buyer, although founder Lynn Penner-Ash will continue her role as winemaker for the company. That role includes controlling all winemaking decisions, notably grape sourcing, which through the sale has some expanded possibilities.
As a winemaker, I am intrigued and excited about some of the new vineyard resources at my disposal, Penner-Ash said in a statement.
She added that she and her husband, Ron, toured other vineyard properties owned by Jackson Family Wines and observed the deep love for the land and for the complexity, challenges and rewards of site-specific winemaking shared by the two wineries.
Penner-Ash Wine Cellars began in 1998, and now runs a sustainable, gravity-flow winery surrounded by 15 acres of estate vineyards in the Yamhill-Carlton AVA.
This opportunity will allow our family to focus our time, efforts and passions on those parts of the Penner-Ash business we find most rewarding and enjoyable, Ron Penner-Ash said, knowing the rest of the business is in the capable hands of a family with a shared vision.
Particulars of the sale were not disclosed. It is projected to close in late April or early May.