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10/2023

DAOU VINEYARDS acquired by TREASURY WINE ESTATES (TWE)

UNITED STATES Agriculture / Permanent Crops & Tree Groves / Vineyards EV 500M - 1.5b USD

Context

Treasury Wine Estates (TWE) has acquired DAOU Vineyards, a leading US estate winery. This acquisition secures TWE a significant agricultural asset in the Paso Robles region, including the prestigious DAOU Mountain vineyards and production facilities. The deal allows TWE to integrate a high-growth, luxury estate into its supply chain, leveraging DAOU's viticultural expertise and premium inventory to satisfy growing global demand for high-end Cabernet Sauvignon.

DAOU VINEYARDS, which reported an EBITDA margin of in 2023, is valued in this transaction at an EV/EBITDA multiple of , representing a to the average currently observed in the AgriFood sector (10.7x).

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Target

Founded in 2007 by brothers Georges and Daniel Daou, DAOU Vineyards is a leading luxury wine producer based in the Adelaida District of Paso Robles, California. The estate is best known for its high-end, Bordeaux-style Cabernet Sauvignon wines, including its flagship PATRIMONY label and the Soul of a Lion vintage. DAOU has differentiated itself through a "consumer-first" culture and best-in-class hospitality experiences at its "DAOU Mountain" tasting room. It was recognized as the fastest-growing luxury wine brand in the US market leading up to the transaction, with a strong following among younger affluent demographics.

Ent. Value

Equity Value

Multiples

EV / Revenue

EV / EBITDA

EV / EBIT

Historical Financials (USD)

Year
Rev
EBITDA
EBIT
2023
2022

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03/2025EURAZEOBIOLINE AGROSCIENCESFRANCESpecialized & Indoor Farming
02/2023LVMHCHÂTEAU MINUTYFRANCEVineyards
09/2021ORGANIC STORIESGERM'LINEFRANCECereals & Oilseeds
11/2019LVMHCHÂTEAU D’ESCLANSFRANCEVineyards
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04/2014LVMHDOMAINE DES LAMBRAYSFRANCEVineyards

REFERENCES

Valuation range: EV 500M - 1.5b USD

Revenue range: 150M - 250M USD

EBITDA range: 50M - 100M USD

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of DAOU VINEYARDS by TREASURY WINE ESTATES (TWE) are reserved for mynth community members. Register for free to unlock full data.

Authors: This transaction was contributed by a verified mynth contributor and cross-checked against available transaction documents and official company communications.

Target: daou vineyards