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16 WINES&VINES October 2018 WINE INDUSTRY NEWS A pure vineyard deal was also recently concluded in Napa Valley when the Huneeus family bought approximately 86 acres in the prime Cabernet Sauvignon AVA of Oakville from W. Clarke Swanson Jr. for $38 million, confirmed Augustin Fran- cisco Huneeus, president of the fam- ily company. Huneeus Vintners owns wine brands and properties includ- ing Quintessa Vineyards, Faust and Flowers Vineyards & Winery. At an average of $442,000 per acre it didn't reflect the highest valuation of Oakville grape-grow- ing land but approached the $500,000 level that only the "su- per-duper, uber premium" loca- tions exceed, according to Tony Correia, an experienced vineyard appraiser, consultant and owner of The Correia Co. The Swanson family founded nearby Swanson Vineyards in 1985, but this sale did not affect the winery, which had been pur- chased from the family by Vintage Wine Estates in 2015. Oregon ducks The most recent major deal in Or- egon was the sale of Duck Pond Cellars to The Great Oregon Wine Company, announced Sept. 5. The sale included Duck Pond's Willa- mette Valley brand, winery, tasting room and what is a large vineyard holding for Oregon: 300 vineyard acres in the Dundee Hills, Willa- mette Valley and Umpqua Valley. Duck Pond, founded in 1991 by Doug and Jo Ann Fries, is known for its Willamette Valley Pinot Noir and Pinot Gris. Duck Pond Cellars will swell Great Oregon's production capac- ity to more than 300,000 cases, and help establish it as a leader in Oregon, where only 17 wineries produce more than 50,000 cases annually, according to Wines Vines Analytics. Great Oregon is owned by Denver, Colo., based Integrated Beverage Group, whose other wine brands include Chime, Replica and Rascal. "There's a lot on the market right now," said Mario Zepponi of Santa Rosa, Calif.-based Zep- poni & Co., who advised on the sale of Duck Pond. "There is a lot to like about the direction the industry is going in right now and a lot to choose from in terms of properties." —Jim Gordon QST offers its clients……. Professionally fabricated stainless tanks 35 years of tank fabrication experience Performance & reliability guarantees Custom designs & modern features Quick & competitive tank project pricing On site tank repairs & modifications Special application tanks of all sizes "In stock tanks" from 500 to 10,000 gallons 510 Caletti Ave. Windsor, Ca. 95492 Phone 707-837-2721 or Toll-Free 877-598-0672 www.qualitystainless.com Company Website winetanks@aol.com email contact/sales info Custom Fabricated Tanks for the perfect size & fit… or Ready to Ship "Stock Tanks" Either way QST is ready to assist our clients! Call QST today for information or pricing! QUALITY STAINLESS TANKS The Great Oregon Wine Co., owned by Integrated Beverage Group, bought Duck Pond Cellars.