Wines & Vines Home
   
 
Welcome Guest
LOGIN |  CREATE ACCOUNT
 
ADVERTISEMENT
 
 
 
12.19.2013  
 

Canvasback Takes Flight

Duckhorn buys land for new Washington winery

 
by Peter Mitham
 
 
flash wine
 
Duckhorn plans to plant its new 20-acre property on Red Mountain in Washington state with Cabernet Sauvignon.
Benton City, Wash.— Duckhorn Vineyards of St. Helena, Calif., has landed on Washington’s Red Mountain with the purchase of 20 acres located between Col Solare, Chateau Ste. Michelle’s venture with Italy’s Antinori family, and the Hedges family’s Bel’ Villa Vineyard.

The property was known to be under contract to a Napa winery, but the identity of the purchaser was not known until Duckhorn’s announcement this morning. The purchase price was not disclosed.

Alex Ryan, president and CEO of Duckhorn, identifed the property as being in an area of interest in an interview with Wines & Vines earlier this month, but he declined to give details as the transaction hadn’t yet closed.

Speaking this morning, however, he was obviously pleased with the deal’s successful closing.

“It’s kind of a small purchase, but it’s a big step for Duckhorn,” he told Wines & Vines. “This will be a new venture for us that will hopefully leave a lasting impression in the wine market.”

Plans call for development of a Cabernet Sauvignon vineyard on the property, supporting the new Canvasback label. Duckhorn built its reputation on Cabernet Sauvignon in California, and Red Mountain is known for the character of its red wines, making the new venture a good fit with Duckhorn’s overall portfolio.

But don’t expect Canvasback to be a Washington state echo of Duckhorn.

“We’re not trying to create Duckhorn wines from Washington, we’re trying to create Canvasback wines from Washington,” Ryan said. “They have their unique place, their unique style and nuances.”

Duckhorn bought Red Mountain grapes in 2012 and 2013, and Ryan hopes to build on those relationships as Duckhorn strives to express the terroir of of Red Mountain in its wines. (The wines are aging at Artifex Wine Co. in Walla Walla, Wash., with an initial release slated for late 2014.) Ryan also got a chance to meet many from the local industry at a Nov. 23 auction when Canada’s Aquilini Investment Group trumped everyone else in a play for 670 acres on Red Mountain from the Kennewick Irrigation District.

“The auction process was more than just an opportunity to buy some land,” Ryan said earlier this month. “It was an opportunity to meet our local competition and our local vintners.”

Duckhorn also worked with veteran grower Dick Boushey to select and assess its new property.

Boushey wasn’t immediately available for comment, but in a statement Duckhorn released announcing the sale, he called the parcel, “the finest undeveloped site on the mountain.”

Boushey will serve as Duckhorn’s vineyard manager when vineyard development begins in spring 2014.

Mario Zepponi, a partner at Santa Rosa, Calif.-based transaction advisor Zepponi & Co., said Duckhorn’s deal reflects the approach he sees many vintners taking in the Northwest.

Washington and Oregon allow larger companies to establish vineyards and garner high-quality fruit more economically than in many well-known areas of California. More important, the Northwest allows them to complement existing production, building on their established reputations but exploring new directions.

“I’m not sure that Washington is going to lend itself to being a big volume play for anybody,” Zepponi said. “I think you’re going to continue to see interest up there as long as the wine quality holds itself up. And I think it will.”

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  
November 2014 $708 million
5%
$7,844 million
6%
November 2013 $673 million $7,428 million
     
Direct-to-Consumer Shipments » Month   12 Months  
November 2014 $274 million
21%
$1,799 million
16%
November 2013 $225 million $1,558 million
     
Winery Job Index » Month   12 Months  
November 2014 127
-5%
226
15%
November 2013 134 196
     
 
MORE » Released on 12.15.2014
 
 
 
 
 
 
 
 
 
 
 
 
 
 

 
 

FEATURES
 

Practical Winery & Vineyard Library
 
Search the PWV archive »
 
 

Direct To Consumer
Wine Shipping Report
2014
 
Download full report »
 
 

CALENDAR
  • January 7
     
    Putting Your Brand to Work
     
  • January 9-18
     
    Icewine Festival
     
  • January 13-16
     
    VinCO
     
  • January 15
     
    WineFlavor 101B
     
  • MORE »
 

READER COMMENTS
 
Article: Grape Industry Lukewarm on Immigration Act »
 
A band-aid it may be but instead of the negative tone of this article which...
Reader: Guest
 
Article: Oregon Wine Institute Plans for the Future »
 
When Mark is involved, things are going to work out just great! We miss the...
Reader: Peter Bell
 
Article: Spanish Cooper Sells Chinese Oak »
 
I would love to find Us wineries using the Chinese oak barrels. Do you know...
Reader: Guest
 
Article: Prohibition Laws Linger 81 Years Later »
 
Trader Joe's (Union Square) and Whole Foods (Upper West Side) both have wine shops attached...
Reader: Guest
 
Article: Prohibition Laws Linger 81 Years Later »
 
Maybe the economy could use another boost by repealing the post-prohibitionary laws too. Make it...
Reader: csm noble
 
 


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
 Free-Lance Sales Repre...
 Manhattan, Brooklyn, Upstate Ny, NY
Sales and Marketing
 Viticulturist
 West Sussex, UK
Winemaking and Production
 Winemaker & Vineyard M...
 Markham, VA
Winemaking and Production
 Back Office Manager
 New York, NY
General Administration and
 Sales Coordinator
 Paso Robles, CA
Sales and Marketing
 Retail Wine Department
 Napa, CA
DTC, Tasting Room and Retai
 Senior Vice President
 American Canyon, CA
General Administration and
 Administrative Assista...
 New York, NY
General Administration and
 Driver/Shipping And Re...
 Novato, CA
General Administration and
 Night Superintendent
 Ripon, CA
Winemaking and Production
 
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.