Ponzi Vineyards was important in bringing the world’s consideration to the Willamette Valley; the family-owned vineyard, established in 1969, defied nay-sayers by producing Pinot Noir in Oregon’s wine nation, which was as soon as deemed “too chilly” for ample grape manufacturing. On Wednesday, a press launch introduced that the pioneering vineyard had been offered to the house owners of Champagne Bollinger, marking the long-lasting French firm’s first enterprise into america.
Founders Dick and Nancy Ponzi handed over management of the property to their daughters, Anna Maria Ponzi and Luisa Ponzi, virtually 30 years in the past. They now function CEO and winemaker, respectively. The brand new deal stipulates that Bollinger will achieve 35 acres of vineyards and the complete vineyard and its hospitality amenities, whereas the Ponzi household will maintain onto 100 acres, which they are going to use to develop and promote grapes to Ponzi Vineyards underneath a long-term contract.
Luisa Ponzi will proceed on as director of viticulture and winemaking, and Anna Maria will stay CEO within the interim earlier than a substitute is recruited. As soon as the place is stuffed, she’s going to lead the gross sales and advertising division over the transitional interval, in response to the press launch. Luisa and Anna Maria take into account this transaction “the pure subsequent step” for Ponzi Vineyard, and remarked that their dad and mom haven’t any qualms about consigning their legacy to Bollinger.
“We now have devoted our lives to demonstrating Oregon’s Willamette Valley as one of many best locations on the planet for producing cool local weather, prime quality Pinot Noir and Chardonnay,” stated Luisa. “This transaction is smart for our respective households due to our well-aligned values and shared dedication to producing wines of the very highest high quality.”
The Bollinger household CEO and holding group Chairman Etienne Bizot commented that the Bollinger household, which owns 4 historic wine estates in France, has been eyeing U.S. enlargement for some time.
“The US is such an necessary marketplace for luxurious Champagne, Burgundy, Sancerre, Cognac, and different areas by which our household owns wineries,” Bizot stated. “We now have a lot respect for what the Ponzis have achieved, and sit up for constructing on it collectively, and connecting all our manufacturers extra intently with the U.S. market.”