After several years of helping owners Russ and Mary Raney of Evesham Wood with their autumn harvest, wine entrepreneur Erin Nuccio bought the winery, despite poor sales of premium Oregon wines.
The Raneys are happy to retire after trying for the past few years, but will provide Nuccio with consulting services for two years.
The transaction, which is expected to be finalized in the next few days, provides him with all the things industry analysts say are needed to weather a sales slump now entering its second full year.
Those include an operational winery capable of producing upwards of 6,000 cases per year, a healthy, productive vineyard and, most importantly, an established label with strong distribution and a loyal following of customers.
Read more at OregonLive.com.