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The Land Report Recognizes Billion-Dollar Sale of DAOU Vineyards as Deal of the Year

Summary by Benzinga
DALLAS, July 10, 2024 /PRNewswire/ -- The sale of DAOU Vineyards by Daniel and Georges Daou to the Australian wine giant Treasury Wine Estates netted the brothers $900 million plus an earn-out of up to $100 million. The billion-dollar transaction, which included 400 acres of highly productive vineyards in California's coveted Paso Robles American Viticultural Area (AVA), took top honors as The Land Report Deal of the Year. ...Full story availab…

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