Duckhorn acquires new vineyard

[Craig Camp]

US: Duckhorn acquires vineyard

19 May 2003

"The Californian wine producer, Duckhorn Wine Company, has announced that it has acquired the former Floodgate vineyard in the Anderson Valley, Mendocino County.

The 202-acre property has 52 acres under vine, primarily in Pinot Noir. Duckhorn is to incorporate the vineyard into the production for its Goldeneye winery which is located south of the town of Philo. "The purchase is part of a long term strategic plan," said general manager, Alex Ryan. "This acquisition will support the winery's efforts in creating a national luxury tier Pinot Noir brand based in the Anderson Valley appellation." Source: just-drinks.com editorial team

[Carema]

great- all we need is another high end 65/btl pinot on the market. There are not enough of those.

[Echezeaux]

I believe Duckhorn has a far better "recipe" for Pinot Noir than the Floodgate folks. Had Floodgate done a fine job with Pinot Noir, they would not have sold the vineyard.

By the way, Duckhorn is planning to have a more modestly priced wine on the market, with Goldeneye being the deluxe wine.