Articles Tagged with 'Asset Sale'

Sonoma Cider Assets Scheduled to be Sold at Auction

Sonoma Cider Assets Scheduled to be Sold at Auction

More than a month after Sonoma Beverage Works lost its investor funding and abruptly ceased operations, the assets of the Northern California cider and wine company are being liquidated. According to an April 17 notice to creditors, Sonoma Beverage Works, whose brands include Sonoma Cider and Ahoy Wines, transferred ownership of the company’s physical assets and intellectual property to Structured Solutions, a California-based liquidator, on April 7 in order to recoup creditors’ money.