Barboursville Vineyards has been sold to an undisclosed investor group that will assume ownership of the iconic Virginia winery this month, with plans underway to celebrate its 50th anniversary this year.
Winemaker and General Manager Luca Paschina confirmed the ownership change Tuesday. The sale also was announced in a press release that emphasized he will continue in a leadership role and “will remain at the helm as CEO and president.”
“It is a special day for our team here in Barboursville,” Paschina said. “Hard work, passion, and determination to produce the best wine we could for decades did not go unnoticed. It is what made this ideal change of ownership possible, with the perfect investors that will treasure this gem, Barboursville Vineyards.”
Neither the sale price nor the identity of the investors was disclosed. Rumors of a potential sale have swirled for months. Along with Paschina, Viticulturist Fernando Franco and Associate Winemaker Daniele Tessaro will continue in their roles…