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Stock impact report

Crimson Wine Group Acquires Raeburn Wine Brand from Purple Brands

CRIMSON WINE GROUP LTD (CWGL) 
NASDAQ:AMEX Investor Relations: crimsonwinegroup.investorroom.com
Company Research Source: PR Newswire
NAPA, Calif. and GRATON, Calif., Feb. 9, 2026 /PRNewswire/ -- Crimson Wine Group, Ltd. (OTCQB: CWGL), a leading owner and operator of premium wineries across the west coast, and Purple Brands, a prominent California-based wine and spirits company, today announced that Crimson Wine Group has acquired the critically acclaimed Raeburn wine brand from Purple Brands.Founded in 2013, Raeburn is a premium wine brand producing approximately 250,000 cases annually from facilities in the Russian River Valley of Sonoma County, California. Raeburn's wines are distributed in major grocery stores, independent retailers and restaurants throughout the United States.The transaction, which also includes certain inventory assets, is effective immediately and provides Crimson Wine Group with greater scale, adding to Crimson's more than 400,000 average cases produced annually, along with a proven brand in the ultra-premium Chardonnay and Pinot Noir categories."The acquisition of Raeburn reinforces our pos Show less Read more
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