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Breaking News: Quinta do Noval buys Quinta do Passadouro

Posted: Wed Aug 21, 2019 5:58 pm
by Roy Hersh
Under the umbrella of AXA, Quinta do Noval acquired Quinta do Passadouro today! [cheers.gif]

Re: Breaking News

Posted: Wed Aug 21, 2019 6:46 pm
by Andy Velebil
Here's the press release
Christian Seely, Managing Director of AXA Millésimes and of Quinta do Noval, comments: "I am delighted to announce that we have acquired Quinta do Passadouro from the Bohrmann family, who have been neighbours and friends for many years. The vineyard of Passadouro consists of two principal parcels, both marching with the vineyard of Quinta do Noval. One parcel is in the Pinhão Valley, where the majority of Noval’s vineyard is situated, and which ranks among the greatest vineyard terroir of the Douro Valley, and the other parcel is in the Roncão Valley, where Noval also has very significant vineyard holdings, and which is also vineyard terroir of the highest level. Quinta do Noval’s Vintage Ports are sourced from grapes from both the Pinhão and Roncão Valleys, and so we know the quality of the vineyards of Passadouro that neighbour ours."

Re: Breaking News: Quinta do Noval buys Quinta do Passadouro

Posted: Wed Aug 21, 2019 7:06 pm
by David Spriggs
Wow! I didn't see that coming.

Re: Breaking News: Quinta do Noval buys Quinta do Passadouro

Posted: Wed Aug 21, 2019 7:38 pm
by Christian Gollnick
I will never forget my first visit to Quinta do Passadouro... Jet and Ronald did such a great job as hosts... Ronald had arranged for my first blind Port tasting ever... and then it turned out that it was a Crusted Port... the first one of my life... of course I didn't guess it and he let me guess for the longest time... :) Great memories.
Somehow I hoped that Wine & Soul would go together with Quinta do Passadouro - for me that would have been a perfect match. Jorge Borges and Quinta do Passadouro - they seemed to absolutely belong together... Deep inside, I would have also kind of expected that the Quinta becomes part of Niepoort. However, I understand that it makes of course sense for NOVAL to buy the Quinta, as the vineyards are neighbors and Noval knows perfectly well about the quality of those grapes...
It is somehow nice to see that the brand "Quinta do Passadouro" will remain - and the financial backing of NOVAL should enable them to continue to make really outstanding wines...

Well, good luck and a lot of success to all involved parties... [cheers.gif] [cheers.gif] [cheers.gif]

Re: Breaking News: Quinta do Noval buys Quinta do Passadouro

Posted: Wed Aug 21, 2019 7:46 pm
by Andy Velebil
Christian Gollnick wrote:I will never forget my first visit to Quinta do Passadouro... Jet and Ronald did such a great job as hosts... Ronald had arranged for my first blind Port tasting ever... and then it turned out that it was a Crusted Port... the first one of my life... of course I didn't guess it and he let me guess for the longest time... :) Great memories.
Somehow I hoped that Wine & Soul would go together with Quinta do Passadouro - for me that would have been a perfect match. Jorge Borges and Quinta do Passadouro - they seemed to absolutely belong together... Deep inside, I would have also kind of expected that the Quinta becomes part of Niepoort. However, I understand that it makes of course sense for NOVAL to buy the Quinta, as the vineyards are neighbors and Noval knows perfectly well about the quality of those grapes...
It is somehow nice to see that the brand "Quinta do Passadouro" will remain - and the financial backing of NOVAL should enable them to continue to make really outstanding wines...

Well, good luck and a lot of success to all involved parties... [cheers.gif] [cheers.gif] [cheers.gif]
Are they keeping it Passadouro or incorporating it into Noval? They aren't clear on exactly what they are doing with it.

Re: Breaking News: Quinta do Noval buys Quinta do Passadouro

Posted: Wed Aug 21, 2019 8:46 pm
by Christian Gollnick
Hi Andy, in the press release, they wrote: "The team of Passadouro will remain with the Quinta and will join the dedicated team of Quinta do Noval. We intend to maintain the brand of Quinta do Passadouro, which has produced some thrilling wines - both Ports and unfortified red wines - during the Bohrmann’s time there."
I don't know if that means that Jorge Borges now works with Noval, too? António Agrellos and Jorge Borges... would be an interesting team... But of course, I don't know anything about their plans... I only read the press release and was totally taken by surprise...

Re: Breaking News: Quinta do Noval buys Quinta do Passadouro

Posted: Wed Aug 21, 2019 8:58 pm
by Andy Velebil
Christian Gollnick wrote:Hi Andy, in the press release, they wrote: "The team of Passadouro will remain with the Quinta and will join the dedicated team of Quinta do Noval. We intend to maintain the brand of Quinta do Passadouro, which has produced some thrilling wines - both Ports and unfortified red wines - during the Bohrmann’s time there."
I don't know if that means that Jorge Borges now works with Noval, too? António Agrellos and Jorge Borges... would be an interesting team... But of course, I don't know anything about their plans... I only read the press release and was totally taken by surprise...
Thanks I didn't get that part of the PR. I'd imagine you'd want to keep the team, at least for a little while, so you can learn about the property from people who have worked it for a long time. The question always is, how long will the upper end people stay on board.

I'll reach out to Sandra/Jorge and try to get clarification on some things.

Re: Breaking News: Quinta do Noval buys Quinta do Passadouro

Posted: Thu Aug 22, 2019 8:18 am
by Bert VD
oh that is surprising! i am fan of both brands but i always like the smaller ones to remain independant. and knowing Noval prices i kind of expect the prices of passadouro wines to go up as well..

edit: i've just been told that Jorge will probably leave but it isn't sure yet how these things will work out..

Re: Breaking News: Quinta do Noval buys Quinta do Passadouro

Posted: Sun Aug 25, 2019 11:29 am
by Roy Hersh
I don't know if that means that Jorge Borges now works with Noval, too? António Agrellos and Jorge Borges... would be an interesting team... But of course, I don't know anything about their plans... I only read the press release and was totally taken by surprise...

Antonio Agrellos has been semi-retired for well over a year now and closer to two. Carlos Agrellos, has taken over, as the main winemaker of Noval.

From what I was told in June, Jorge Borges was no longer at Passadouro. I never tried to confirm that info and when I saw Jorge and Sandra late that month, at Confraria dinner, the timing was not appropriate to start that discussion.

Re: Breaking News

Posted: Thu Jun 18, 2020 9:59 am
by Eric Menchen
Christian Seely, Managing Director of AXA Millésimes and of Quinta do Noval, comments: "... Quinta do Noval’s Vintage Ports are sourced from grapes from both the Pinhão and Roncão Valleys, and so we know the quality of the vineyards of Passadouro that neighbour ours."
So that seems like not a single quinta wine to me, as I would expect the property need be contiguous. Otherwise as long as I owned all of the properties that might be scattered about, I could label anything as a "Quinta" wine. Admittedly, I don't know where the Roncão Valley is located. Is it adjacent to the Pinhão?

Re: Breaking News: Quinta do Noval buys Quinta do Passadouro

Posted: Thu Jun 18, 2020 2:47 pm
by Bert VD
Eric Menchen wrote: Thu Jun 18, 2020 9:59 am
Christian Seely, Managing Director of AXA Millésimes and of Quinta do Noval, comments: "... Quinta do Noval’s Vintage Ports are sourced from grapes from both the Pinhão and Roncão Valleys, and so we know the quality of the vineyards of Passadouro that neighbour ours."
So that seems like not a single quinta wine to me, as I would expect the property need be contiguous. Otherwise as long as I owned all of the properties that might be scattered about, I could label anything as a "Quinta" wine. Admittedly, I don't know where the Roncão Valley is located. Is it adjacent to the Pinhão?
it's Quinta Da Romaneira. so a bit upstream from Pinhao

Re: Breaking News: Quinta do Noval buys Quinta do Passadouro

Posted: Thu Jun 18, 2020 8:03 pm
by Andy Velebil
Eric Menchen wrote:
Christian Seely, Managing Director of AXA Millésimes and of Quinta do Noval, comments: "... Quinta do Noval’s Vintage Ports are sourced from grapes from both the Pinhão and Roncão Valleys, and so we know the quality of the vineyards of Passadouro that neighbour ours."
So that seems like not a single quinta wine to me, as I would expect the property need be contiguous. Otherwise as long as I owned all of the properties that might be scattered about, I could label anything as a "Quinta" wine. Admittedly, I don't know where the Roncão Valley is located. Is it adjacent to the Pinhão?
The top part of Noval extends into the Roncao valley. Quite a view from the top. It’s roughly northeast a bit from the main Noval house (for reference).