Wines & Vines Home
   
 
Welcome Guest
LOGIN |  CREATE ACCOUNT
 
ADVERTISEMENT
 
 
 
11.13.2013  
 

Northwest Winery Dealings Continue

French wine company becomes sole owner of Osoyoos Larose as Constellation sells off shares

 
by Peter Mitham
 
 
“osoyoos
 
Mathieu Mericer was named winemaker at Osoyoos Larose in July. The winery, previously a joint venture between Constellation Brands Canada and Groupe Taillan of France, is now entirely owned by the French company.
Osoyoos, B.C.Constellation Brands Canada has quietly sold its shares in a joint venture with France’s Groupe Taillan in the latest deal to ripple through the Northwest wine industry this year.

A deal value wasn’t disclosed for the transaction, which saw the acclaimed Osoyoos Larose venture become solely owned by Groupe Taillan.

Osoyoos Larose was launched in 1998 as a joint venture between Vincor International and Groupe Taillan. Bordeaux winemaker Pascal Madevon, who had overseen winemaking at the property since 2000, left earlier this year to become winemaker at Oliver, B.C.-based Culmina Family Estate Winery, the latest venture of former Vincor president and CEO Don Triggs.

Constellation acquired Osoyoos Larose and its 80-acre site on the east side of Lake Osoyoos with its purchase of Vincor in 2006.

The winery
Osoyoos Larose has garnered much acclaim for its Bordeaux-style wines during the past 15 years, and Madevon was impressed with the potential for the project from the initial vintage in 2001, made when the vines were just in their second year.

While it doesn’t boast a destination winery, Osoyoos Larose nevertheless has quietly shown the potential of the region, which Groupe Taillan favoured because of its arid climate and lack of grapevine diseases that allowed for optimal control of the maturation process.

Speaking with Wines & Vines, Triggs said Groupe Taillan’s decision to assume full ownership of the property could only mean good news for the B.C. wine industry.

“An owner of major high-end chateaus in France making a bigger investment in the B.C. wine industry has to be a very good thing,” he said.

While he was unable to comment on the evolution of the venture and Constellation’s divesting itself of its stake, Triggs said Groupe Taillan’s increasing commitment to the province’s wine industry is “very positive.”

Groupe Taillan hasn’t disclosed what changes or investments it might make in the property now that it has sole ownership, saying in a statement only that it “is pursuing its development strategy in the wine industry and is leading the new team in its drive to position Osoyoos Larose as the next standard in great Canadian red wines.”

Groupe Taillan has secured former Vincor executive Roger Provost and “his considerable expertise” for the winery’s governing board while Bordeaux winemaker Mathieu Mercier is overseeing this year’s vintage, having been appointed Madevon’s successor in July.

Sales and auctions
The deal follows major investments elsewhere in the Northwest this year by the likes of France’s Maison Jadot and California’s Jackson Family Wines (see “Oregon Wine Continues to Draw Investment”), and comes in advance of a major land auction planned for Red Mountain next week.

Kennewick Irrigation District announced in September that it would auction slightly more than 670 acres of land Nov. 23. The property will sell in 22 parcels and includes close to 519 acres within the coveted Red Mountain AVA appellation. The irrigation district has owned the property since 1943, well before the growth of the local wine industry and Red Mountain’s acclaim as a viticultural area.

Better, the properties come with water rights—making them especially desirable as plans for improved water delivery to the AVA and greater ancillary development advance (see “Red Mountain Development Heats Up.”)

“We think this will attract a lot of attention in the wine industry. Red Mountain is the smallest AVA in Washington, and this land has not been available for planting previously,” auctioneer Scott Musser said in a statement announcing the auction. “This sale will include 17% of the 3,040 acres that are still unplanted inside the AVA.”

SHARE »
Close
 
Currently no comments posted for this article.
 
CURRENT NEWS INDEX »


 
Wines & Vines Home
 
866.453.9701 | 415.453.9700 | Fax: 415.453.2517
65 Mitchell Blvd., Ste. A San Rafael, CA 94903
info@winesandvines.com
Wine Industry Metrics
 
Off-Premise Sales » Month   12 Months  
October 2014 $570 million
6%
$7,775 million
6%
October 2013 $539 million $7,342 million
     
Direct-to-Consumer Shipments » Month   12 Months  
October 2014 $284 million
18%
$1,751 million
13%
October 2013 $240 million $1,556 million
     
Winery Job Index » Month   12 Months  
October 2014 139
6%
226
18%
October 2013 131 192
     
 
MORE » Released on 11.13.2014
 
 
 
 
 
 
 
 
 
 
 
 
 
 

 
 

Practical Winery & Vineyard Library
 
Search the PWV archive »
 
 

Direct To Consumer
Wine Shipping Report
2014
 
Download full report »
 
 

CALENDAR
  • December 2-4
     
    Vinitech Sifel in Bordeaux
     
  • December 3
     
    Sustainable/Organic Wine Production Seminar
     
  • December 4
     
    North Coast Wine Industry Expo
     
  • December 6-7
     
    Wine Chemistry Workshop in Oregon
     
  • MORE »
 

READER COMMENTS
 
Article: Kluge Saga Continues in Virginia »
 
Not everybody likes Pat Kluge, but she and Moses built a first class winery /...
Reader: Josh Moser
 
Article: Canada Adapts to Kegged Wines »
 
I am a wine agent in Manitoba & there certainly are kegs of cider here....
Reader: Guest
 
Article: What's Your Winery's IP Worth? »
 
If you would like more information on this seminar please visit The Seminar Group's website....
Reader: Danielle Bingham
 
Article: DtC Is Lifeblood of Wineries, Banker Says »
 
Seems like another locical option would be to have more small niche distrbutors. Consolidation of...
Reader: Guest
 
Article: Tasting Wine From PD-Resistant Grapes »
 
Congratulations Andy! Lots of grapebreeders and southern growers will be looking through the catalogs. i...
Reader: Guest
 
 


Directory/Buyer's Guide — Your Wine Industry Marketplace
 
 
WINERY SEARCH
 
 
Advanced Search »
SUPPLIER SEARCH
   by Product
 by Company Name or Brand
 
Browse by Category »
2015 Directory/Buyer's Guide
The Wines & Vines Directory and Buyer's Guide
 
 
EXPANDED ONLINE SEARCH INCLUDED WITH PURCHASE
 
ORDER NOW »
 
LEARN MORE »
 
 
Wines & Vines Magazine
 
 
LEARN MORE »
 
SUBSCRIBE »
 
Digital Edition Now Available!
Wines & Vines Digital Edition Now Available
 
LEARN MORE »
 
ORDER NOW »
 
 
The Wines & Vines Online Marketing System
 
The Industry Standard winery marketing application
 
FREE LIVE DEMO »
 
VIEW VIDEO »
 
 
 
 
Latest Job Listings
 Tasting Room Position
 Sonoma, CA
DTC, Tasting Room and Retai
 Texas Area Manager
 Dallas, TX
Sales and Marketing
 Domaine Chandon On Cal...
 Yountville, CA
DTC, Tasting Room and Retai
 Cellar Worker Iii
 Yountville, CA
Winemaking and Production
 Wine Club & Dtc Manage...
 Glen Ellen, CA
DTC, Tasting Room and Retai
 Tasting Room/Events Ma...
 Placerville, CA
DTC, Tasting Room and Retai
 Bookkeeper
 Calistoga, CA
Finance
 Experienced Sales Mana...
 Fresno/Bakersfield Area, CA
Sales and Marketing
 Winemaker
 Oakville, CA
Winemaking and Production
 Accounts Payable/Accou...
 Napa, CA
Finance
 
More Job Listings >>
Follow Us On:
 
 





Home  |  About Us  |  Editors  |  Subscribe  |  Print Edition  |  Digital Edition

Advertise  |  Site Map  |  Contact Us  |  Privacy Policy
 
 
Copyright © 2001-2014 by Wine Communications Group, Inc. All Rights Reserved.
No material may be reproduced without written permission of the Publisher.
Wines&Vines does not assume any responsibility for any unsolicited manuscripts or materials.