Crimson Wine Group (OTCQB: CWGL) owns and operates premium wineries and wine brands in California, Oregon and Washington. News about the company centers on portfolio additions such as the Raeburn wine brand acquisition, distribution partnerships, direct-to-consumer and wholesale sales channels, and brand activity across Pine Ridge Vineyards, Seghesio Family Vineyards, Chamisal Vineyards, Archery Summit, Seven Hills Winery and Double Canyon.
Recurring updates also cover winery recognition, executive and board appointments, sustainability initiatives tied to bottle-weight reduction and industry climate programs, and customer-channel developments for its fine-wine business.
Crimson Wine Group (OTCQB: CWGL) announced on February 9, 2026 that it has acquired the Raeburn wine brand from Purple Brands, effective immediately. Raeburn produces approximately 250,000 cases annually from Russian River Valley facilities and sells in the $15–$25 retail range.
The transaction includes certain inventory assets and expands Crimson's scale, adding to its reported production base of more than 400,000 average annual cases. Crimson also said it may execute a rights offering later in 2026, subject to market conditions and capital availability.
Crimson Wine Group (OTCQB: CWGL) CEO Jen Locke has been named one of Wine Industry Advisor's 'Most Inspiring People in Wine' for 2025. The recognition highlights her leadership in stewarding 1,000 acres and preserving sustainability legacies across three states.
Under Locke's leadership, the company has achieved significant milestones:
- Doubled volume of top SKU Pine Ridge Chenin Blanc + Viognier blend
- Established Seghesio Zinfandel as best-selling luxury Zinfandel
- Joined International Wineries for Climate Action (IWCA) as Silver Member
- Committed to UN's Race to Zero initiative by 2050
Notable sustainability initiatives include switching to lightweight glass to reduce emissions during production and transportation, with a proprietary logo on bottle labels indicating reduced carbon footprint. The company maintains the oldest Sangiovese vines in the United States at Seghesio Family Vineyards.
Crimson Wine Group (OTCQB: CWGL) CEO Jen Locke has been named 2024 Wine Executive of the Year by Wine Enthusiast. Selected from five global finalists, Locke was recognized for her leadership since joining as CEO in 2019, driving growth and innovation across the company's six wineries in California, Oregon, and Washington. Under her leadership, the company has doubled production volume for Pine Ridge's Chenin Blanc-Viognier, elevated Seghesio in the Zinfandel category, and joined the International Wineries for Climate Action, committing to the UN's Race to Zero initiative by 2050.
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Crimson Wine Group (OTCQB: CWGL) announced it has no ties to Silicon Valley Bank, which previously serviced numerous companies in the wine industry. Established in 1991, Crimson Wine Group manages luxury wine brands from boutique wineries across California, Oregon, and Washington. Its portfolio features renowned producers like Pine Ridge Vineyards and Seghesio Family Vineyards, offering direct sales and wholesale distribution in the U.S. and 30 export countries. The company is committed to achieving carbon neutrality by 2050 as a member of the International Wineries for Climate Action.
Crimson Wine Group (OTCQB: CWGL) has appointed Annette Alvarez-Peters to its board of directors, replacing Craig Williams, who is retiring immediately. Alvarez-Peters is an industry veteran with over 37 years at Costco, including leadership roles in the Beverage Alcohol Department. She is recognized for her expertise and holds multiple prestigious certifications. The board is optimistic about the fresh insights Alvarez-Peters will bring, while expressing gratitude to Williams for his contributions. This leadership change is expected to guide the company towards enhanced strategic direction.