Sold! US $900 Million

Treasury Wine Estates reached an agreement to buy Daou Vineyards, launched by brothers Daniel and Georges Daou in 2007, for an “upfront consideration of $900 million, plus an additional earn-out of up to $100 million,” the Australian corporation announced Monday, calling Daou “the fastest-growing luxury wine brand in the United States.”

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Cameron Douglas
Cranford Hospice fundraiser - Two Auctions

For over 30 years the Hawke’s Bay wine community, along with its sponsors and partners, has been

supporting its local community by raising funds for Cranford Hospice. 100% of the money raised goes

to the operational side of Cranford Hospice, directly assisting those in need of their services each day.

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Cameron Douglas