The past two weeks have seen Paul Symington on the road with his cousins – Johnny in London and Charles in Lisbon – to demonstrate the quality and longevity of Quinta Vintage ports and the extraordinary range of terroir character in the Douro. Journalists and other wine trade professionals were invited to partake in these extraordinary events.
The Fladgate Partnership, which owns Port producers Taylor, Fonseca and Croft, has just purchased Real Companhia Vinícola do Norte de Portugal. The agreement is a real-estate deal, with Fladgate acquiring more than 1 million square feet of offices, cellars and bottling facilities in Vila Nova de Gaia, just across the Douro River from Oporto. Fladgate CEO Adrian Bridge confirms that the price was $28.7 million.