Portugal’s Quinta do Noval buys Quinta do Passadouro

AXA Millésimes, the wine arm of AXA Insurance, has acquired Quinta do Passadouro in Portugal.

Quinta do Noval, part of the AXA Millésimes portfolio
Quinta do Noval, part of the AXA Millésimes portfolio

AXA Millésimes has acquired Quinta do Passadouro. It’s the second Douro Valley estate in the AXA Millésimes portfolio, the other being Quinta do Noval.

“I am delighted to announce that we have acquired Quinta do Passadouro from the Bohrmann family, who have been neighbours and friends for many years,” said Christian Seely, managing director of AXA Millésimes in a statement, which did not include the purchase price.

The purchase includes 36ha, the cellar and the brand, growing AXA Millésimes’ total holdings in the Douro Valley to 181ha.

“Passadouro has been lovingly cared for by the Bohrmann family for many years, and we are very happy to have been able to acquire this wonderful property,” Seely went on.

Dieter Bohrmann bought Quinta do Passadouro in 1981. It vineyard comprises two parcels, the first of which is in the Pinhão Valley, where the majority of Noval’s vineyards are situated. The second is in the Roncão Valley, close to the Duoro River. The winery produces around 10,000 cases a year. Both parcels of land are close to Noval’s vineyards.

“We are thrilled to have found a strong new owner for Quinta do Passadouro which subscribers to our wine philosophy and will ensure the long-term future of this amazing winery,” said Ans Bohrmann, managing director and co-owner of the winery.

The Bohrmann family will focus on its Burgundy wine project, Domaine Bohrmann.

AXA Millésimes is the wine arm of AXA Insurance. It has a portfolio of prestige estates, in Bordeaux, Sauternes, Burgundy and Hungary.

Via press release

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