Brown-Forman agrees to sell Fetzer Vineyards
Liquor company Brown-Forman Corp. said Tuesday that it has agreed to sell its California-based Fetzer Vineyards to Chilean wine producer Vina Concha y Toro SA for $238 million.
Viña Concha y Toro SA announced Friday that the sale of Fetzer Vineyards closed, and the transfer of ownership is fully assumed by the Chilean wine producer.