Valdemar Estates Acquires V2 Vineyard
Valdemar Estates Acquires V2 Vineyard
Legendary Spanish winemaker Valdemar Estates has acquired V2 Vineyard from the Betz Family Winery and Siren Song Vineyard Estate and Winery in Walla Walla, Washington. Mergers and acquisitions advisory firm METIS served as transaction advisor. No financial details were disclosed. The 40-acre purchase marks the 133-year-old winemaker’s first venture outside of Spain. “We love how this site fits perfectly into the style of wines we want to achieve: fresher, balance, longevity. We’ve worked with fruit from this site for several years and have been delighted to hear people describe our Cabernet from V2 as quite European,” said Jesus Martinez Bujanda Mora, Valdemar Estate’s fifth-generation owner. The new owners plan to work with Washington State University to bring the Maturana grape to the US. Read more HERE.