Healdsburg, California – June 17, 2015 – International Wine Associates, the mergers and acquisitions advisory firm that specializes in wine industry transactions, announced today that IWA served as advisors to Oregon’s Olsen Agricultural Enterprises in the sale of over 6,000 acres of agricultural farmland to Farmland LP.
“This is the sixth significant transaction that International Wine Associates has completed in the Pacific Northwest” said Robert Nicholson, partner at IWA. “With the sale of Olsen, IWA has sold over $150 million in Oregon and Washington wine industry assets and wineries, including Hogue Cellars, Pacific Rim Winemakers and The Four Graces. In the last two years IWA has also sold two separate Oregon vineyards to Burgundy’s Louis Jadot and Washington’s Sagemoor Vineyards to Allan Brothers.”
The Olsen family played a pioneering role in the establishment of Willamette Valley agriculture for two generations. Their company farmed over 6,000 acres of owned and leased land, specializing in a variety of crops, including blueberries, hazelnuts, grass seed and peppermint, and was one of Oregon’s largest wine grape growers.
Farmland LP acquires large-scale conventional farmland and adds value by implementing high productivity organic and sustainable agricultural practices. Founded in 2009, the firm manages over 13,500 owned and leased acres in Oregon’s Willamette Valley and the San Francisco Bay Area.