Oliver Winery for Sale for 4 MillionApril 10, 2018 1:34 pm
Recently, Oliver’s Castoro De Oro winery was listed by Re/Max for $4-million. Located on Highway 97 along Oliver’s Golden Mile, the winery was planted in 1980 and produces several award winning wines. The property comes complete with a two-bedroom home and tasting room/wine shop.
Castoro De Oro may prove to be yet another consolidation opportunity as more and more of the Okanagan’s smaller wineries are bought by larger companies. The newly-built Ledlin Family Vineyards in Naramata, for example, were recently purchased by an Abbotsford winery. Oliver’s Montakarn Estate Winery is also up for sale.
Categorized in: Castanet Business