vintage wine estates
VWE
Consumer Staples
1
exclusion reason
1 theme
This page is part of our public exclusion list — a transparency tool that shows which companies we screen out and why. It is not investment advice, and it is not an accusation. But it is subject to change as our understanding of the facts evolves.
Vintage Wine Estates is a multi-brand alcoholic beverage company whose primary product line is wine, cider, and related products. The company operates as the 14th largest wine producer in the United States, generating its revenue from the manufacture and distribution of these beverages. Its portfolio includes numerous wine brands and, following a 2021 acquisition, the Ace Cider brand.
The company’s core business activity is the production and sale of alcohol. In 2022, it expanded its operations with a $25 million acquisition in Ohio. Despite recent financial distress leading to a bankruptcy filing and delisting in 2024, the company’s fundamental business model remains centered on alcoholic beverages.
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Companies appear on our exclusion list based on our investment judgment — not because they've done anything illegal. This is a difference of values and opinion, not an accusation of wrongdoing. Exclusion does not constitute a recommendation against investing in any company, and absence from the list does not constitute a recommendation to invest.
This information is provided for educational and transparency purposes only and should not be relied upon as investment advice. Data is drawn from independent watchdogs, NGOs, government registries, and Ethical Capital's ongoing research — see Research Sources for the full list.
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