Demeter Group Advises Landmark Vineyards on
Sale to FIJI® Water
 Investment Bank's 4th Alcohol Beverage Transaction Since December 2010
Representing Total Transaction Value Over $400 Million
  

SAN FRANCISCO, CA (August 3, 2011) - Jeff Menashe, CEO of Demeter Group, a San Francisco-based investment bank focused exclusively on high-growth Consumer and Retail companies, announced today the sale of award-winning Landmark Vineyards in Kenwood, California to FIJI® Water, the country's leading premium imported bottled water.  Landmark Vineyards is known for its outstanding Chardonnay winemaking sourced from the best grapes in California.

"The addition of Landmark Vineyards to the growing portfolio of wine brands in the FIJI Water/Roll Global family is an important step for the company," said Stewart Resnick, Chairman, Roll Global, which owns FIJI Water and JUSTIN Vineyards & Winery.  "Proprietors Mike and Mary Calhoun have done a fantastic job creating world-class Chardonnay and we look forward to carrying on that tradition."

FIJI Water plans to maintain the wine making and hospitality operations of Landmark Vineyards in its current location in Kenwood, California.  Winemaker Greg Stach will be staying on to manage the award-winning Landmark Vineyards program.

"Mary and I are thrilled that a well-respected company will be taking the reins at Landmark," said Mike Colhoun, who along with wife Mary will maintain a limited role with Landmark Vineyards.  "We look forward to seeing the careful and thoughtful growth of the Landmark name that has been in our family for over 37 years."

"This transaction continues our well-established track record of delivering strategic outcomes for the industry's most prominent ultra-premium and luxury wineries,” said Demeter Group’s Menashe.  “We are happy to have been able to work with Stewart Resnick and Roll Global to continue building their wine portfolio."

Demeter Group acted as Landmark Vineyards' exclusive investment banking advisor on the transaction.  This acquisition follows FIJI Water's December 2010 acquisition of Paso Robles-based JUSTIN Vineyards & Winery, where Demeter Group acted as JUSTIN Vineyards & Winery’s exclusive investment banking advisor.  In addition to the Landmark Vineyards and JUSTIN Vineyards & Winery sales, Demeter Group advised Skinnygirl Margarita™ on its sale to Beam Global Spirits & Wine in March 2011 and Seghesio Family Vineyard on its sale to Crimson Wine Group in May 2011.