Rutherford, CA – January 17, 2020 – Château Smith Haut Lafitte of Bordeaux, France, completed the acquisition of a historic 280-acre Rutherford estate in Napa Valley from the Komes and Garvey families.
The estate was founded in 1885 by two brothers from Scotland, James and William Rennie, and known as Flora Springs Estate. The property and winery will be renamed by the new owners, Florence and Daniel Cathiard, as Cathiard Family Estate. The Komes and Garvey families will retain the Flora Springs brand, over 275 acres of Napa Valley vineyards and their tasting room on St. Helena Highway. They will continue to make Flora Springs wines, including Trilogy and Soliloquy, at their new facilities.
Please see the links below for the full story:
North Bay Business Journal: Napa Valley’s Flora Springs Winery Sold to Owners of France’s Château Smith Haut Lafitte
Aspect Consumer Partners, a leading M&A, strategic and corporate finance advisory firm focused on the wine and consumer products industries was the exclusive financial advisor to Château Smith Haut Lafitte. Terms of the transaction were not disclosed.
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Château Smith Haut Lafitte completes acquisition of Flora Springs vineyard and winery from the Komes and Garvey families
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