E. & J. Gallo Winery acquired Four Roses bourbon in a significant industry move. The deal is reportedly valued at up to $775 million. This acquisition follows recent layoffs and facility closures by the Modesto-based company. Gallo aims to diversify its portfolio as American wine consumption declines. The bourbon brand was purchased from Japanese firm Kirin Holdings.
Modesto, California
https://nypost.com/2026/04/05/business/california-winery-gallo-finalizes-purchase-of-four-roses-bourbon/