The owner of Flanagan Wines acquired Everett Ridge winery through bankruptcy proceedings.
The 20-acre Everett Ridge Winery is in the Dry Creek Valley and has 10 acres planted to grapes, and a permit to produce 25,000 cases a year. Flanagan plans to replant the vineyard to cabernet sauvignon grapes.
It’s the second purchase in a year for Flanagan. Last year he was part of Russian River Partners Investment Fund that bought a 32-acre vineyard near Occidental, Calif.