Sunday 10 March 2013

9.3.13 Vega Sicilia interested in Sherry; Rains


Pablo Alvarez, president of the legendary bodega of the Ribera del Duero, Vega Sicilia, has expressed an interest in producing Sherry, along with Galician wines and possibly Bordeaux and Burgundy. Purchasing vineyards in the latter two could be prohibitively expensive, however. He said that the wine of Jerez is “unrepeatable and uncopiable”.  The Vega Sicilia group, which owns bodegas Alion and Pintia in Spain, and makes Oremus Tokaji in Hungary, has a turnover of between 22 and 30 million euros annually. Their presence in Jerez might be welcome, given that quality is their only criterion.

A colder and wetter than usual February and early March have caused heavy rains to swell the river Guadalete to dangerous levels, however despite more rain forecast, it will be lighter and the water levels have already begun to subside. Flood alerts had been issued, but it appears that the danger is over.

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