NotFiftyOne

Diamond Estates Wines & Spirits

Canadian-owned · made in Canada · based in Ontario

TSX Venture listed Niagara wine group, majority-owned by Lassonde Industries, that makes 20 Bees, EastDell, Lakeview Cellars, Creekside, Backyard Vineyards, Fresh wines and Shiny Apple Cider at four Canadian wineries and imports beer, wine and spirits through its Trajectory Beverage Partners agency.

Niagara-on-the-Lake, ON CA · www.diamondwines.com

Found at Save-On-Foods
94.8

Diamond Estates Wines & Spirits Inc. is a Niagara-on-the-Lake wine producer listed on the TSX Venture Exchange (DWS) and controlled by Lassonde Industries of Rougemont, Quebec, which with a related holding company owns about 51.6% of the shares. Its four wineries in Ontario and BC produced 92% of fiscal 2026 net revenue; the rest is commission from the Trajectory Beverage Partners agency, which imports European, US and other wines, spirits and beers.

Factors

Ownership

100.0 verified

CA 100%

The company is listed on the TSX Venture Exchange under DWS, and a January 2026 early warning release issued under NI 62-103 states that Lassonde Industries Inc. (Rougemont, Quebec) and a joint actor controlled by Pierre-Paul Lassonde hold approximately 51.56% of the common shares and all of the outstanding convertible debentures. The controlling shareholder and the listing venue are both Canadian, so ownership is allocated entirely to Canada. SEDAR+ returned 403 today, so the audited statements and the early warning release are cited from the company's own investor pages; Corporations Canada shows the federal corporation was discontinued into Ontario in 2007 and the Ontario Business Registry could not be checked.

Manufacturing

93.8 reported

CA 92% · EU 4% · other 2% · US 2%

The audited fiscal 2026 segment note shows $27.5 million of $29.9 million net revenue from manufactured wines, which the MD&A says are made at four facilities, three in Ontario and one in British Columbia. The remaining 8% is agency commission and third-party sales of imported brands from France, Italy, Portugal, Spain, Germany, Belgium and the Netherlands, California, Mexico, Argentina, Australia and New Zealand; the split of that residual by region is our estimate.

People

100.0 reported

CA 100%

The registered office and principal place of business is 1067 Niagara Stone Road, Niagara-on-the-Lake, Ontario, with production sites in Niagara and Langley, BC and the Trajectory sales agency operating across Canada. No headcount by country is published; the filings describe only Canadian operations.

Inputs

77.5 reported

CA 75% · EU 5% · other 12% · US 8%

Grapes come from the company's own vineyards and Canadian growers, and its wines are predominantly VQA, which requires Canadian fruit. The MD&A notes that glass, the largest packaging component, is sourced both domestically and internationally with only one commercial glass supplier in Canada, and that non-VQA blends have drawn on imported wine when Ontario permitted it. The agency portfolio is entirely imported product. The split is our estimate.

Where to buy

Grocers

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