The Winery Alta Vineyard Company of Sonoma County of California

Guillermo de Aranzabal Bittner, a director at La Rioja Alta, said the company had acquired 35ha of old vines, with a minimum age of 45 years, in the village of Elvillar at an average altitude of 600 metres. He also said La Rioja Alta would buy more old vines this year, bringing total ‘artisanal vineyard’ acquisitions to a minimum of 5oha, and potentially up to 75ha, by the end of 2022. ‘We are buying very old vineyards, pruned in the traditional way with very low production, some of which are fi ...

Cult Wines partnered with Olivier Bernstein to offer the ‘ultra-rare’ jeroboam from the 2017 vintage via its new CultX digital trading platform. An auction hammer price of £57,000 ($69,000) was just under the pre-sale high estimate of £60,000. Cult Wines said the jeroboam set a new benchmark price for Romanée-St-Vivant grand cru and was sold for the equivalent of £14,250 per 75cl bottle – again demonstrating the strength of the market for high-end Burgundy wines. ‘Given the scarcity ...

Foley Family Wines has returned to the acquisition trail in California by announcing its acquisition of Sonoma’s Chateau St. Jean from the Americas division of Treasury Wine Estates, owner of Penfolds in Australia. Foley said it ‘plans to restore the winery to its former glory’. A fee for the deal was not disclosed, but the purchase includes the historic 1920s chateau building, a 6,000-square-foot visitor centre, a winery facility and almost 32 hectares (79 acres) of estate vineyards. Fole ...