The world’s largest wine producer, the American company Gallo, has become even larger. Recently, Gallo acquired US$ 810 million worth of wine brands from Constellation, another wine colossus.
The 30 brands include well-known Ravenswood and Clos du Bois. The majority, however, are brands in the low-price segment, which in the US means 11 USD or less.
Gallo thus strengthens its position in this segment where they are already strong through, e.g. the bestseller Barefoot. Gallo was founded in 1933 by the brothers Ernest and Julio Gallo in Modesto, just east of San Francisco, where the company is still based.
Over the years, Gallo has continuously bought vineyards and wine estates and has been firmly entrenched also in the premium sector since the 1990s through its Gallo Estate Wines and properties such as Pahlmeyer and Louis M. Martini in Napa, Columbia Winery in Washington, Talbott Vineyards, and many more.
Read more: sfchronicle