Symington buys Quinta de Roriz !

[Christian]

http://www.revistadevinhos.iol.pt reports today that the Zeller Family has sold 100% of the shares of Quinta de Roriz Vinhos S.A. to the Symington Family. The Zellers owned the Quinta since 1815.
There had already been a close partnership between the two families for several years about the grapes of Quinta de Roriz.
It seems like João Zeller wanted to go ahead with a high-end-turism project for the Quinta and he had tried to separate a little bit the ties with the Symingtons two years ago - but the global crisis prevented this project from being realized - and now João decided to sell the shares to the Symingtons.

[Axel P]

Very interesting. Thanks for sharing.

Axel

[jdaw1]

The Symington webmaster is slow: no mention as yet at www.symington.com/news.asp.

Roriz sold grapes to Kopke for much of the 19th century, and to González Byass in the early twentieth. Not sure where they went after that.

[raul_alex]

The Symington's haven't announced anything because the deal was only closed yesterday.
I reaaly advise wines from this company, specially the Vintage 2005.

[ac-fast]

Symington owns half of Douro valley before 2020

[Axel P]

Symington owns half of Douro valley before 2020

I think they already do!

Axel