Portugal’s Aveleda Acquires Douro Producer Quinta Vale D. MariaAugust 8, 2017
Portugal’s Aveleda S.A., owned by the Guedes family, is expanding in the Douro DOC with the acquisition of the Quinta Vale D. Maria winery. The deal comprises Quinta Vale D. Maria’s 45 hectares (111 acres) of vineyards and its production facility, which has a grape crush capacity of 250,000 kilos.
The Quinta Vale D. Maria portfolio includes the Vale D. Maria ($15-$30), Quinta Vale D. Maria ($70-$180), CV-Curriculum Vitae ($100) and Van Zellers & Co. ($20-$70) wine brands, as well as a variety of Port offerings ($20-$70). The lineup is handled in the U.S. by a network of importers including M.S. Walker, Vinum Wine Importing and Distributing, Maverick Wine Co., Favorite Brands and Winebow’s Henry Wine Group.
Aveleda, a leading producer of Vinho Verde, has a core brand portfolio including Casal Garcia ($9), Aveleda ($10), Follies ($14), Charamba ($9) and Adega Velha Brandy ($50).
The acquisition follows Aveleda’s purchase last year of the Seis Quintas estate, which spans 60 hectares within the Douro Superior. By the end of 2017, Aveleda will own 300 hectares within the Vinho Verde region, as well as 86.5 hectares and 21 hectares of vineyards in the Douro and Bairrada, respectively. The company plans to grow its Vinho Verde footprint to 650 hectares by 2020. —Christina JelskiSubscribe to Shanken News Daily’s Email Newsletter, delivered to your inbox each morning.