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Santa Margherita USA Adds Oregon Winery

By February 24, 2022Top News

Announced in January, Santa Margherita USA, the wholly owned subsidiary of Santa Margherita Gruppo Vinicolo, has acquired majority ownership of Roco Winery in Oregon. Roco Winery was founded in 2001 by Rollin and Corby Stonebraker-Soles. Located in the Willamette Valley and under the winemaking leadership of Rollin, it produces a range of acclaimed wines. Financial terms were not disclosed and the purchase marks Santa Margherita Gruppo Vinicolo’s first winemaking venture outside Italy. The sale includes Roco’s winemaking facility, the Roco brand and current inventory. Founders Rollin Soles and his wife, Corby Stonebraker, retain a minority share and full ownership of Wits’ End Vineyard and will continue to supply grapes under a long-term lease. The timing of the transaction is subject to customary regulatory processes and approvals.

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