American wine venture capitalist Charles Banks has agreed to acquire controlling stake in California-based Qupé Winery.
Following the deal, Qupé Winery original owner Bob Lindquist will assume the role of a partner and winemaker, and will continue to assists with the sales.
The latest acquisition marks the second deal for Banks and his Terroir Selections in 2013. In April 2013, Banks acquired Mayacamas Vineyards in the Napa Valley.
The financial details of the new transaction have not been disclosed.
Qupé Winery was founded in 1982, and is one of the first high-quality wineries in the county.
