Friday, 11 March 2016

11.3.16 Juan Gil Looking to Invest in Jerez; New Barbadillo Table Wine

The highly successful Spanish wine group Juan Gil Bodegas Familiares which owns 10 bodegas in 8 DOs wishes to expand and has a budget of 30 million euros to do so. This year the firm celebrates the centenary of its first bodega in DO Jumilla, and between now and 2018 they plan to invest this money not only in expanding operations in DO Priorat, DO Campo de Borja and purchasing vineyard in DO Rioja, but also establishing themselves in DO Jerez.

Angel & Miguel Gil Vera with a few of their wines

Miguel Gil Vera, fourth generation of the family, says they want to invest 5 million euros in Jerez. “It is the DO par excellence which has more history than any other, but we want to do things properly, and are already ”prospecting”. The idea is to try to team up with some existing project which would allow us to sell the wine sooner.” Starting from scratch would take years as the wine needs to age, so it would be much more convenient to buy an existing bodega. If they can find one, they could have the wine on the market in 2018, but if not they will wait rather than sell something below standard. This looks very hopeful.

Barbadillo Launches New Wine

Blanco de Blancos is the name for Barbadillo’s new table wine from their albariza vineyards at Santa Lucía and Gibalbín. It is a blend of Sauvignon, Verdejo and Moscatel grapes. This new wine joins the ever growing number of excellent table wines produced in Cádiz.

No comments:

Post a Comment