FOR IMMEDIATE RELEASE
CONTACT:
Greg Kassanoff/CO-Founder and CEO
www.pioneerwine.com
Pioneer Wine Company Acquires Calice Wine Company In Texas
DALLAS, TX. Nov. 26 – Marquis Sauvage, Co-Founder of Pioneer Wine Company of Texas, Classic Wine of Colorado, Maverick Wine of Chicago and Vin Sauvage of Nevada, along with Greg Kassanoff, Co- Founder of Pioneer of Texas, announced today the acquisition of Calice Wine Company.
Based in Houston, Texas, Calice Wine Co. currently provides statewide fine wine sales and distribution coverage, representing wineries from over 10 countries.
“After successfully building fine wine distributors in other major markets, we immediately saw the value of Calice and believe it is the perfect platform to launch Pioneer Wine Company in Texas,” said Pioneer Co-Founder Marquis Sauvage.
“The acquisition of Calice allows us to expand upon the foundation and infrastructure that mirror Pioneer’s philosophy. This purchase accelerates Pioneer’s ability to provide quality service and deliverability to our Texas customers and world-wide suppliers alike. We are excited!” said Co-Founder Greg Kassanoff. According to Sam Hathorn, Principal of Calice Wine Co., “I started Calice to be the top fine wine distributor in Texas. Pioneer takes my dream to the next level.”
The transaction is scheduled to close November 30, 2007. Financial terms were not disclosed.
About Pioneer Wine Company
Based in Dallas, Texas, Pioneer Wine Company will provide immediate statewide distribution for fine wine producers to all retail and restaurant accounts throughout Texas. The Pioneer portfolio consists of both international and domestic high-profile wineries. Founded in 2007, Pioneer Wine Co. looks forward to years of record growth for both suppliers and trade customers alike.
For more information: www.pioneerwine.com
Contact: info@pioneerwine.com
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