me='viewport'/> the Blog Wine Cellar - Investing in Wine: Harlan Purchases Diamond Oaks Winery

Sunday, January 31, 2010

Harlan Purchases Diamond Oaks Winery

Bill Harlan, (pictured on the left) Owner of cult wine label Harlan Estate and Bond winery, has purchase the 21 acre former Diamond Oaks Winery that is located adjecent to his own property in Oakville, Napa Valley. Included in the purchase is the winery and the surrounding property, which includes 4 acres of land planted to Cabernet Sauvignon and 2 acres of olive trees. The Diamond Oaks label and inventory were not included in the sale, which sold for an undisclosed price.

Harlan admits he is unsure about the development of the property but termed the purchase as "strategic" and later added that he didn't want the property to be sold to someone he didn't know. "I'll figure out what to do with it eventually," he said.

The facility which was home to three previous brands, has switched hands and ownership over the years and was even at one time owned by Robert Mondavi.

With a capacity of 60,000 cases annually cult wine collectors will no doubt be waiting for Harlan to announce a new and up incoming project.

Search for Harlan wines here!

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