Diamond Estates Wines & Spirits Announces Acquisition of BC Winery

Strategic Addition of Backyard Vineyards Transforms Company into a National VQA Wine Producer   Diamond Estates Wines & Spirits Inc. (“Diamond Estates” or “the Company”) (DWS-TSX Venture) announced Friday that it has acquired Backyard Vineyards Inc. (“Backyard”) of Langley, British Columbia for $3.0 million in stock, cash and the assumption of some debt. In what is described…

Backyard Vineyards – a review

Backyard Vineyards   Changes in ownership and the resulting name changes are not uncommon in the BC wine industry.  Backyard Vineyards, located at 3033 232nd Street in Langley, opened up in 2002 under the name Glenugie.  Gary Tayler, the original owner named it after his wife’s family’s farm in Scotland.  Unfortunately, Gary’s wife Christina died…