Wine Spectator: Prime Portugal Wine Estate Quinta do Ventozelo Sold to Gran CruzApril 1, 2015
Gran Cruz, a firm known for volume Port brands but shifting toward premium wines, has purchased Quinta do Ventozelo, a Douro property with more than 500 acres of vines. The deal gives Gran Cruz an excellent source for grapes. Neither side would disclose the purchase price, but industry sources report it was for just under $16 million. Wine Spectator has the full story.
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