Precept Wine Buys Truett-Hurst Wholesale Biz for $18 Million

Seattle-based Precept Wine has acquired Truett-Hurst's wholesale wine business for $18 million. The sale includes: T-H's bottled wine inventory, brands, supplies and bulk wine inventory used for the company's control label wine brands.The deal will be Precept's first foray into California wine.

You are unauthorized to view this page.