William Chris Wine Company announces acquisition of Hoover Valley Vineyard

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Texas Hill Country-based Hoover Valley Vineyard Offers Growing Estate Footprint in Central Texas and Opportunity for New Tasting Room Location

HYE, TEXAS (July 7, 2021) – William Chris Wine Company (WCWC) today announced the closing of the purchase of Hoover Valley Vineyard, a 78-acre property in the Texas Hill Country AVA, for an undisclosed amount. The mature vineyard, previously owned by Reed and Joan Williams, will continue to be managed by the existing operating team that is in place today, who will now join the WCWC employee roster.

This purchase adds 55 acres to WCWC’s wine footprint in the Texas Hill Country AVA, aligning with one of the company’s long-term strategies of becoming more vertically integrated by growing more fruit. their own vineyards. Hoover Valley is home to 13 grape varieties. In addition to the vineyard, there are several existing structures on the property that WCWC plans to renovate and operate as a new tasting room destination, which will likely open sometime in 2022.

“We believe in creating a wine business that reinvests in the culture and industry of which it is a part. Integrating Hoover Valley into our portfolio leads us to ensure that the majority of our production comes from our own vineyards, which is an integral part of our long-term vision, ”said Chris Brundrett, CEO and co-founder by WCWC. “The Hoover Valley Vineyard management team have done an exceptional job maintaining an eye on quality, and we are incredibly proud to have joined them on our team. “

COO and Co-Founder Andrew Sides added: “We started tasting the fruits of this vineyard five or six years ago and noticed a distinction in the uplift terroir of Llano compared to that of the Basin. the nearby Pedernales River, where most of our current hillside holdings are located. We wanted to capture this unique profile for our fans and shine a light on an area of ​​Hill Country AVA that is less well known but very capable of producing world class wine.

Marketing Director Leah Derton added, “Hoover Valley Vineyard gives us the opportunity to serve our existing fans in a new location, but it will also allow us to attract and engage new customers in the Highland Lakes region. which is a really exciting proposition. We are excited to expand our Hill Country AVA vineyard acreage and staff with this acquisition. “

William Chris Vineyards co-founder and WCWC advisory board member Bill Blackmon will remain director of wine operations. But as part of the acquisition, Hoover Valley Vineyard Manager Rob Strain will take over vineyard management operations for the company and oversee the teams in place at WCWC vineyards, supported by Deputy Vineyard Managers. Tate Gregory and Jose Alonso. Winemaking responsibilities for the Hoover Valley production will be facilitated by the current WCWC team, led by chief winemakers Tony Offill and Brad Buckelew.

WCWC has partnered with Comerica Bank to finance this transaction. Hoover Valley fruit-based wines will begin appearing in WCV and LDC versions starting this fall.

To learn more about William Chris Wine Company, please visit williamchriswines.com and follow on Facebook and Instagram @WilliamChrisVineyards.

ABOUT WILLIAM CHRIS WINE COMPANY

William Chris Wine Company was founded in October 2020 by Chris Brundrett of William Chris Vineyards and Andrew Sides of Lost Draw Cellars. Built from a shared vision and set of core values, WCWC is the parent company of William Chris Vineyards (2008 est.), Lost Draw Cellars (2012 est.), Skeleton Key (2015 est.) And Grower Project (2015 est.) And is the leading producer of 100 percent Texas-grown wines in Lone Star State. For more information, please visit williamchriswines.com.

IN REGARDS TO THE WILLIAM CHRIS VINEYARDS

William Chris Vineyards is a leader in producing 100 percent Texas-grown wine. Since 2008, winemakers William “Bill” Blackmon and Chris Brundrett, who was recently included in Wine loverThe 2020 40 under 40 list of 2020, has expanded the estate’s vineyards and partnered with family farms to source only the highest quality fruit. William Chris is proud to express the authentic taste of the Texas terroir through his wines while providing a one-of-a-kind experience. Their approach incorporates agriculture, tradition and local culture, and Bill and Chris kept this in mind as they searched for a property to build their winery. Deciding to establish a pioneer farming colony in historic Hye, Texas, they began the 1905 Deike Family Farm Restoration Project, which became the original William Chris tasting room. William Chris Vineyards is happy to share a piece of their world and can’t wait to share it with you. For more information, please visit williamchriswines.com and follow on Facebook and Instagram @WilliamChrisVineyards.

ABOUT THE LOST CELLARS

Founded in 2012 by Andrew Sides, Troy Ottmers and Andy Timmons, Lost Draw Cellars is a family business with deep roots in Texas. As a proud producer of 100% Texas-grown wine, Lost Draw runs his estate’s vineyard in the Texas High Plains, with a tasting room right in the heart of Fredericksburg, TX. The Lost Draw team is committed to producing quality wines that showcase Texas’ unique terroir, planting grapes that thrive in the region’s semi-arid climate, and working to continually improve the growing process. in a sustainable manner. In addition to their estate vineyards, the team partners with some of the state’s top wineries to support Texas farmers. You can find more information on their history, wines or how to visit the tasting room at lostdrawcellars.com, and on Facebook and Instagram @lostdrawcellars.

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