Andrew Peller Ltd T.ADW.A

Alternate Symbol(s): ADWPF | T.ADW.B

Consumer Defensive Beverages - Wineries & Distilleries

Andrew Peller Limited is a producer and marketer of wines and craft beverage alcohol products in Canada. With wineries in British Columbia, Ontario and Nova Scotia, the Company markets wines produced from grapes grown in Ontario’s Niagara Peninsula, British Columbia's Okanagan and Similkameen Valleys, and from vineyards around the world. Its premium and ultra-premium Vintners' Quality Alliance brands include Peller Estates, Trius, Thirty Bench, Wayne Gretzky, Sandhill, Red Rooster, Black Hills Estate Winery, Tinhorn Creek Vineyards, Gray Monk Estate Winery, Raven Conspiracy and Conviction. It imports wines from various wine regions around the world to blend with domestic wine to craft these products. It also produces craft beverage alcohol products, including No Boats on Sunday ciders and seltzers, and various spirits and cream whisky products under the Wayne Gretzky No. 99 brand. It produces and markets premium personal winemaking products through its subsidiary, Global Vintners Inc.

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Andrew Peller Ltd > Mergers & Acquisitions

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Comment by TheCount11on Feb 20, 2024 9:41am

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Post# 35888592

RE:RE:RE:RE:Mergers & Acquisitions

I did not mean that the shares are worth $1 to everybody.

Lassonde is a controlling shareholder of DWS which likely sold the winery at a loss.
DWS consistenly loses money like clockwork. Lassonde keeps it on life support as it slowly bleeds existing shareholders through dilution.

Reminds me of when the guys running Leucadia National retired. The company bought a winery which surprise, surprise lost money. Shareholders didn't care because they made so much over the years. Crimson Wine Group was spun off in 2013.

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