Butterfly Equity Acquires Duckhorn Portfolio for $1.95 Billion

Written by Emily J. Thompson, Senior Investment Analyst

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Source: Business Insider

Updated: Dec 26 2024

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Source: Business Insider

Acquisition Details: Butterfly Equity has acquired The Duckhorn Portfolio for approximately $1.95 billion, aiming to enhance its global reach and operations; as a result, Duckhorn's stock has ceased trading on the NYSE and there are changes in its governance structure.
Company Overview: The Duckhorn Portfolio is a leading luxury wine company in North America, established in 1976, with a diverse selection of wines sourced from various regions, available in over 50 countries globally.

About the author

Emily J. Thompson

Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.

Butterfly Equity Acquires Duckhorn Portfolio for $1.95 Billion

About the author

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