News Briefs for January 8, 2019January 8, 2019
•Portuguese wine group Sogrape Vinhos has acquired Quinta da Romeira, a winemaker located in Bucelas, Portugal, which is 15 miles outside of Lisbon. The deal, whose price wasn’t disclosed, marks Sogrape’s first entry into the Lisbon wine region. Quinta da Romeira’s labels include Prova Régia and Morgado de Sta. Catherina. Its total property is 180 hectares (445 acres), of which 75 hectares (185 acres) are vineyards, planted with the Portuguese grape variety Arinto. The property is the largest Arinto vineyard in the country. With this move, Sogrape adds to its regional diversity and reinforces its role as Portugal’s biggest wine group. The company is primarily known for its Portuguese holdings in the Douro wine region (Casa Ferreirinha), in Port (Sandeman, Ferreira, and Offley), in the Dão region (Quinta dos Carvalhais), in Vinho Verde (Gazela and Azevedo), and in Alentejo (Herdade do Peso). It also owns wineries in Spain, Argentina, Chile, and New Zealand.
•Deutsch Family Wine & Spirits has named Scott Ehrlich as vice president of fine wine, effective January 14. Ehrlich comes to Deutsch Family from Constellation Brands, where he spent six years and most recently served as director of portfolio strategy. In his new role, Ehrlich will oversee Deutsch Family’s portfolio of high-potential priority and scalable brands, as well as its direct-to-consumer sales. Moving forward, he’ll report directly to CMO Iain H. Douglas.
•Vertical, the California cannabis company led by drinks industry veteran Smoke Wallin, has named Bill Sutman as executive vice president and CFO. Sutman served in the drinks business with Seagram before moving on to a number of finance roles with NBC Universal. Most recently, he was EVP, CFO, and treasurer for TEN: The Enthusiast Network, which covers automotive and action sports. Last month, Vertical agreed to handle distribution, sales, and marketing for Colorado producer Kaviar in California and Arizona.Subscribe to Shanken News Daily’s Email Newsletter, delivered to your inbox each morning. You will also receive the Cannabis edition as part of your subscription.