Ponzi Vineyards purchased by Bollinger

Tasting notes, varietals, grapes - anything related to wine
Post Reply
Message
Author
Marcus Goodfellow
BerserkerBusiness
BerserkerBusiness
Posts: 2643
Joined: January 5th, 2011, 9:28 pm
Location: McMinnville, Oregon
Has thanked: 129 times
Been thanked: 292 times

Ponzi Vineyards purchased by Bollinger

#1 Post by Marcus Goodfellow »

https://www.winespectator.com/articles/ ... -vineyards

The Ponzi family is one of the true early pioneers, and a huge part of the evolution of Willamette Valley wines. They also were instrumental in the genesis of the micro-brew revolution in Oregon. It’s great to see them succeed and be recognized for their work.
Goodfellow Family Cellars
Winemaker & Owner

Mel Knox
Monopole Crü
Monopole Crü
Posts: 2367
Joined: July 30th, 2010, 8:46 am
Location: San francisco
Been thanked: 30 times

Re: Ponzi Vineyards purchased by Bollinger

#2 Post by Mel Knox »

Yikes!
ITB

User avatar
David Patte
BerserkerBusiness
BerserkerBusiness
Posts: 128
Joined: December 30th, 2018, 9:38 am
Has thanked: 155 times
Been thanked: 22 times

Re: Ponzi Vineyards purchased by Bollinger

#3 Post by David Patte »

Wow. Nice to see that Luisa will continue in her role directing wine making and viticulture!

Yes, thanks for mentioned the micro-brewing. I loved hanging out at the old Bridgeport spot (before the renovation). So sad to see that close a few years ago....
Sun Break Wine and Cider
David, Winemaker, Owner & Everything Else : )
Willamette Valley, Oregon. dpatte62@gmail.com

User avatar
Rick Allen
Monopole Crü
Monopole Crü
Posts: 4835
Joined: June 7th, 2009, 10:13 am
Location: McMinnville, OR
Has thanked: 25 times
Been thanked: 17 times

Re: Ponzi Vineyards purchased by Bollinger

#4 Post by Rick Allen »

Great news for the Ponzis and the WV! I remember buying their white table wine by the case back in the late 70s, and the first case of wine that I ever bought to age was their 1979 Pinot Noir.

Brian Curtis
GCC Member
GCC Member
Posts: 527
Joined: May 14th, 2012, 7:34 pm
Location: Silverdale, WA
Has thanked: 1 time
Been thanked: 7 times

Re: Ponzi Vineyards purchased by Bollinger

#5 Post by Brian Curtis »

Somehow I never realized that the Ponzis started Bridgeport. We lived in Portland for a few years in the late eighties. Of course I remember the winery from that time period but I was also into home brewing and I have a very fond memory of a seminar where we followed along with the brewing of a batch of stout at Bridgeport.

User avatar
Thomas Keim
GCC Member
GCC Member
Posts: 11923
Joined: June 7th, 2009, 5:52 pm
Location: St Paul, Minnesota
Has thanked: 3 times
Been thanked: 12 times

Re: Ponzi Vineyards purchased by Bollinger

#6 Post by Thomas Keim »

Rick Allen wrote: April 7th, 2021, 8:45 am Great news for the Ponzis and the WV! I remember buying their white table wine by the case back in the late 70s, and the first case of wine that I ever bought to age was their 1979 Pinot Noir.
I started with their 1980 Reserve Pinot Noir, and by the time the raging '83s hit - I was a major fan. Dick's daughter was pretty heavily involved, wonder what she is going to do?
ITB - The Yoerg Brewing Company

"What if I fall?" "Oh, but my darling, what if you fly?"

User avatar
R M Kriete
GCC Member
GCC Member
Posts: 702
Joined: April 27th, 2010, 8:07 am
Location: Indialantic, Florida
Has thanked: 110 times
Been thanked: 12 times

Re: Ponzi Vineyards purchased by Bollinger

#7 Post by R M Kriete »

;) Well, that's one way to avoid tariffs ;)

Todd Hamina
BerserkerBusiness
BerserkerBusiness
Posts: 4693
Joined: February 3rd, 2009, 2:16 pm
Location: McMinnville, OR
Has thanked: 51 times
Been thanked: 35 times

Re: Ponzi Vineyards purchased by Bollinger

#8 Post by Todd Hamina »

Solid and beneficial move. Congratulations all around!
Vineyard Specialist at Berkshire Hathaway Home Services Northwest Real Estate & Co-Owner at Biggio Hamina Cellars
-Toddhamina

User avatar
Jim Anderson
BerserkerBusiness
BerserkerBusiness
Posts: 7131
Joined: October 20th, 2010, 1:18 pm
Location: Portland/Newberg, Oregon
Has thanked: 4 times
Been thanked: 134 times

Re: Ponzi Vineyards purchased by Bollinger

#9 Post by Jim Anderson »

Be curious as to the amount of dough involved.

I do have a story that I likely should not tell in public that would be related, tangentially, to this.

Seems to be a different sort of reaction to this than when KJ buys stuff up here. Just saying.
Co-owner, Patricia Green Cellars

User avatar
Rodrigo B
Monopole Crü
Monopole Crü
Posts: 1300
Joined: June 9th, 2020, 11:21 pm
Location: New York
Has thanked: 47 times
Been thanked: 185 times

Re: Ponzi Vineyards purchased by Bollinger

#10 Post by Rodrigo B »

Jim Anderson wrote: April 7th, 2021, 11:19 am Seems to be a different sort of reaction to this than when KJ buys stuff up here. Just saying.
I think it comes down to who the acquirer is and what their track record is in managing the wineries they acquire going forward. Things like the overall reputation of the acquirer, if the winemakers and other staff staying on, is pricing going to change, are the wines going to be produced in same manner, will wine quality go down in favour of larger volumes, etc all play into how someone reacts to a winery being sold.
B r @ g @

Vincent Fritzsche
BerserkerBusiness
BerserkerBusiness
Posts: 2086
Joined: February 11th, 2009, 11:40 am
Location: Portland, OR
Has thanked: 32 times
Been thanked: 39 times

Re: Ponzi Vineyards purchased by Bollinger

#11 Post by Vincent Fritzsche »

I think Bollinger does a lot more for the local brand than KJ, that's got to be at least part of it Jim.
Vincent - ITB

User avatar
Cris Whetstone
GCC Member
GCC Member
Posts: 11404
Joined: January 27th, 2009, 1:09 pm
Location: OC, CA
Has thanked: 84 times
Been thanked: 88 times

Re: Ponzi Vineyards purchased by Bollinger

#12 Post by Cris Whetstone »

Headlines I never would have thought up.

Has Bollinger bought other wineries previously? I don't really see the angle here beyond investment.
WetRock

"Man prefers to believe what he prefers to be true." - Francis Bacon

"I had taken two finger-bowls of champagne and the scene had changed before my eyes into something significant, elemental, and profound." - F. Scott Fitzgerald, The Great Gatsby

Hal Blumberg
GCC Member
GCC Member
Posts: 289
Joined: September 15th, 2009, 3:12 pm
Location: Seattle
Has thanked: 15 times
Been thanked: 11 times

Re: Ponzi Vineyards purchased by Bollinger

#13 Post by Hal Blumberg »

Will Bollinger be making sparkling wines in Oregon? Can't see why not.

User avatar
Keith A k e r s
GCC Member
GCC Member
Posts: 3944
Joined: June 2nd, 2009, 3:48 pm
Location: Chicago
Has thanked: 5 times
Been thanked: 16 times

Re: Ponzi Vineyards purchased by Bollinger

#14 Post by Keith A k e r s »

Jim Anderson wrote: April 7th, 2021, 11:19 am
Seems to be a different sort of reaction to this than when KJ buys stuff up here. Just saying.

Gallo would've gotten an awful reaction as well. But, we haven't really seen Bolly disrespect a brand that they have purchased (that I can think of). So, the lack of vitriol makes sense.

That said, I do hope when a 6L is sabered that they don't treat it like that idiot at the French Laundry

User avatar
lleichtman
GCC Member
GCC Member
Posts: 1753
Joined: June 28th, 2014, 6:28 pm
Location: Santa Fe NM
Has thanked: 2 times
Been thanked: 2 times

Re: Ponzi Vineyards purchased by Bollinger

#15 Post by lleichtman »

Jim Anderson wrote: April 7th, 2021, 11:19 am Be curious as to the amount of dough involved.

I do have a story that I likely should not tell in public that would be related, tangentially, to this.

Seems to be a different sort of reaction to this than when KJ buys stuff up here. Just saying.
Didn't KJ buy up a bunch of vineyards in 2019?
Lawrence G. Leichtman

Todd Hamina
BerserkerBusiness
BerserkerBusiness
Posts: 4693
Joined: February 3rd, 2009, 2:16 pm
Location: McMinnville, OR
Has thanked: 51 times
Been thanked: 35 times

Re: Ponzi Vineyards purchased by Bollinger

#16 Post by Todd Hamina »

Vincent Fritzsche wrote: April 7th, 2021, 11:40 am I think Bollinger does a lot more for the local brand than KJ, that's got to be at least part of it Jim.
KJ is a big plus for our little town of McMinnville. Locals are positive about it.

Wine folk are snobs, so it makes sense they view the French attributes with more panache.
Vineyard Specialist at Berkshire Hathaway Home Services Northwest Real Estate & Co-Owner at Biggio Hamina Cellars
-Toddhamina

Saul Mutchnick
GCC Member
GCC Member
Posts: 126
Joined: October 6th, 2009, 10:44 am
Location: NW
Has thanked: 32 times
Been thanked: 10 times

Re: Ponzi Vineyards purchased by Bollinger

#17 Post by Saul Mutchnick »

It's interesting... the fact that it's Bollinger is definitely eye-catching, and probably adds to a bit of glamour to the valley as a whole, but the list of wineries they own/run is not exactly awe-inspiring. Delamain (the Cognac producer) is definitely the crown jewel of their operations, and they were established as one of the top houses in the region long, long before Bollinger bought them in '17.

Good on the Ponzi's for getting the deal they wanted (I assume), but count me as mildly skeptical about what SJB will bring to the table.
ITB - Championship Bottle [Mostly White Wines from the Willamette Valley]

User avatar
Ken Strauss
GCC Member
GCC Member
Posts: 5395
Joined: November 22nd, 2015, 9:03 am
Location: Sunny South Florida
Has thanked: 16 times
Been thanked: 22 times

Re: Ponzi Vineyards purchased by Bollinger

#18 Post by Ken Strauss »

Star status for Oregon!
Congratulations
🍾🍾🍾
"Explaining is not supporting."

"Independence is a state of mind"

Anton D
Monopole Crü
Monopole Crü
Posts: 36985
Joined: October 17th, 2013, 11:25 am
Location: Chico, CA
Has thanked: 67 times
Been thanked: 55 times

Re: Ponzi Vineyards purchased by Bollinger

#19 Post by Anton D »

Hal Blumberg wrote: April 7th, 2021, 12:22 pm Will Bollinger be making sparkling wines in Oregon? Can't see why not.
That would be cool.
Anton Dotson

What is man, when you come to think upon him, but a minutely set, ingenious machine for turning, with infinite artfulness, the fine red wine of Shiraz into urine?

Marcus Goodfellow
BerserkerBusiness
BerserkerBusiness
Posts: 2643
Joined: January 5th, 2011, 9:28 pm
Location: McMinnville, Oregon
Has thanked: 129 times
Been thanked: 292 times

Re: Ponzi Vineyards purchased by Bollinger

#20 Post by Marcus Goodfellow »

Anton D wrote: April 7th, 2021, 5:12 pm
Hal Blumberg wrote: April 7th, 2021, 12:22 pm Will Bollinger be making sparkling wines in Oregon? Can't see why not.
That would be cool.
Agreed. The sparkling scene here is burgeoning, and there are some really solid bubbles being produced.

That said, someone that I respect quite a bit has stated the upcoming Grand Moraine(KJ) sparkling is amazing. [stirthepothal.gif]

I haven’t had the Grand Moraine bubbles, but their winemaker is making some very good wines.
Goodfellow Family Cellars
Winemaker & Owner

User avatar
D@vid Bu3ker
Monopole Crü
Monopole Crü
Posts: 40463
Joined: February 14th, 2009, 8:06 am
Location: Connecticut
Has thanked: 199 times
Been thanked: 393 times

Re: Ponzi Vineyards purchased by Bollinger

#21 Post by D@vid Bu3ker »

Ken Strauss wrote: April 7th, 2021, 4:52 pm Star status for Oregon!
Huh?
David Bueker - Rieslingfan

User avatar
Marshall Manning
Monopole Crü
Monopole Crü
Posts: 1058
Joined: January 31st, 2009, 1:16 pm
Location: Portland, OR
Has thanked: 20 times
Been thanked: 121 times

Re: Ponzi Vineyards purchased by Bollinger

#22 Post by Marshall Manning »

Ken Strauss wrote: April 7th, 2021, 4:52 pm Star status for Oregon!
Congratulations
🍾🍾🍾
We already have Drouhin, Jadot, Meo, Goodfellow, Hamina, Anderson and Fritzsche.
Marshall

User avatar
Ken Strauss
GCC Member
GCC Member
Posts: 5395
Joined: November 22nd, 2015, 9:03 am
Location: Sunny South Florida
Has thanked: 16 times
Been thanked: 22 times

Re: Ponzi Vineyards purchased by Bollinger

#23 Post by Ken Strauss »

Marshall Manning wrote: April 7th, 2021, 5:54 pm
Ken Strauss wrote: April 7th, 2021, 4:52 pm Star status for Oregon!
Congratulations
🍾🍾🍾
We already have Drouhin, Jadot, Meo, Goodfellow, Hamina, Anderson and Fritzsche.
The more the merrier!
I love Oregon wines!
"Explaining is not supporting."

"Independence is a state of mind"

User avatar
Ken Strauss
GCC Member
GCC Member
Posts: 5395
Joined: November 22nd, 2015, 9:03 am
Location: Sunny South Florida
Has thanked: 16 times
Been thanked: 22 times

Re: Ponzi Vineyards purchased by Bollinger

#24 Post by Ken Strauss »

D@vid Bu3ker wrote: April 7th, 2021, 5:53 pm
Ken Strauss wrote: April 7th, 2021, 4:52 pm Star status for Oregon!
Huh?


Not really hard to understand.
Just more confirmation of great wines and great future potential.
champagne.gif champagne.gif champagne.gif
"Explaining is not supporting."

"Independence is a state of mind"

User avatar
D@vid Bu3ker
Monopole Crü
Monopole Crü
Posts: 40463
Joined: February 14th, 2009, 8:06 am
Location: Connecticut
Has thanked: 199 times
Been thanked: 393 times

Re: Ponzi Vineyards purchased by Bollinger

#25 Post by D@vid Bu3ker »

Ken Strauss wrote: April 7th, 2021, 6:48 pm
D@vid Bu3ker wrote: April 7th, 2021, 5:53 pm
Ken Strauss wrote: April 7th, 2021, 4:52 pm Star status for Oregon!
Huh?


Not really hard to understand.
Just more confirmation of great wines and great future potential.
champagne.gif champagne.gif champagne.gif
They already had major French investment. Bolly isn’t some new status for them.
David Bueker - Rieslingfan

User avatar
Ken Strauss
GCC Member
GCC Member
Posts: 5395
Joined: November 22nd, 2015, 9:03 am
Location: Sunny South Florida
Has thanked: 16 times
Been thanked: 22 times

Re: Ponzi Vineyards purchased by Bollinger

#26 Post by Ken Strauss »

D@vid Bu3ker wrote: April 7th, 2021, 6:50 pm
Ken Strauss wrote: April 7th, 2021, 6:48 pm
D@vid Bu3ker wrote: April 7th, 2021, 5:53 pm

Huh?


Not really hard to understand.u
Just more confirmation of great wines and great future potential.
champagne.gif champagne.gif champagne.gif
They already had major French investment. Bolly isn’t some new status for them.
Any new investment is news!
That is why the post was made!

champagne.gif champagne.gif champagne.gif
"Explaining is not supporting."

"Independence is a state of mind"

User avatar
Mattstolz
GCC Member
GCC Member
Posts: 2733
Joined: June 26th, 2017, 7:46 pm
Location: South Carolina
Has thanked: 51 times
Been thanked: 71 times

Re: Ponzi Vineyards purchased by Bollinger

#27 Post by Mattstolz »

Marshall Manning wrote: April 7th, 2021, 5:54 pm
Ken Strauss wrote: April 7th, 2021, 4:52 pm Star status for Oregon!
Congratulations
🍾🍾🍾
We already have Drouhin, Jadot, Meo, Goodfellow, Hamina, Anderson and Fritzsche.
I actually didnt know about Jadot! What winery are they involved with?

User avatar
D@vid Bu3ker
Monopole Crü
Monopole Crü
Posts: 40463
Joined: February 14th, 2009, 8:06 am
Location: Connecticut
Has thanked: 199 times
Been thanked: 393 times

Re: Ponzi Vineyards purchased by Bollinger

#28 Post by D@vid Bu3ker »

Mattstolz wrote: April 7th, 2021, 6:59 pm
Marshall Manning wrote: April 7th, 2021, 5:54 pm
Ken Strauss wrote: April 7th, 2021, 4:52 pm Star status for Oregon!
Congratulations
🍾🍾🍾
We already have Drouhin, Jadot, Meo, Goodfellow, Hamina, Anderson and Fritzsche.
I actually didnt know about Jadot! What winery are they involved with?
Resonance
David Bueker - Rieslingfan

User avatar
Marshall Manning
Monopole Crü
Monopole Crü
Posts: 1058
Joined: January 31st, 2009, 1:16 pm
Location: Portland, OR
Has thanked: 20 times
Been thanked: 121 times

Re: Ponzi Vineyards purchased by Bollinger

#29 Post by Marshall Manning »

Mattstolz wrote: April 7th, 2021, 6:59 pm I actually didnt know about Jadot! What winery are they involved with?
Resonance. I think they bought it about 8-10 years ago?
Marshall

Todd Hamina
BerserkerBusiness
BerserkerBusiness
Posts: 4693
Joined: February 3rd, 2009, 2:16 pm
Location: McMinnville, OR
Has thanked: 51 times
Been thanked: 35 times

Re: Ponzi Vineyards purchased by Bollinger

#30 Post by Todd Hamina »

So, who buys Eyrie?

The two Dick's and two Dave's show only has one member left who hasn't sold (Adelsheim, Erath, Ponzi).
Vineyard Specialist at Berkshire Hathaway Home Services Northwest Real Estate & Co-Owner at Biggio Hamina Cellars
-Toddhamina

G. D y e r
GCC Member
GCC Member
Posts: 2372
Joined: December 26th, 2009, 4:07 pm
Has thanked: 6 times
Been thanked: 12 times

Re: Ponzi Vineyards purchased by Bollinger

#31 Post by G. D y e r »

Todd Hamina wrote: April 7th, 2021, 4:18 pm
Vincent Fritzsche wrote: April 7th, 2021, 11:40 am I think Bollinger does a lot more for the local brand than KJ, that's got to be at least part of it Jim.
KJ is a big plus for our little town of McMinnville. Locals are positive about it.

Wine folk are snobs, so it makes sense they view the French attributes with more panache.
Of the larger winery groups, KJ strikes me as one of the more quality oriented, less 'race to the bottom' minded of the group. I don't explicitly seek out KJ wines, but generally I've found quality lines up reasonably with their pricing. Within Santa Barbara County, they've acquired respected brands and have well-positioned vineyards in generally cooler areas of the AVA (though I have no knowledge of their vinicultural practices).

Of course they have their mass market Chardonnay and the like, but I don't perceive outright cynical behavior in their premium lineups like planting Pinot far inland in hot climates or making Meomi-style red wine then calling it Pinot.
Greg

In that way, he is like cornerback Darrelle Revis, deserving of his own island, Mangold Island, if you will. “That would be a rusty, filthy island where people wear ripped jeans and stay in hotel rooms that are half price,” tight end Dustin Keller said. “But they would serve wine, and only the finest for Nick Mangold.”

R Roberts
Posts: 1056
Joined: September 2nd, 2013, 8:03 pm
Location: SF peninsula
Has thanked: 5 times
Been thanked: 15 times

Re: Ponzi Vineyards purchased by Bollinger

#32 Post by R Roberts »

I'm not ITB, but in tech its the minority that can make M&A make 1+1=3. For those involved, I hope that's the case.

And for a bit of brevity, here's a photo I took at Bridgeport, back when smoking indoors was allowed:
bp.jpeg
You do not have the required permissions to view the files attached to this post.
R.ama

User avatar
Rodrigo B
Monopole Crü
Monopole Crü
Posts: 1300
Joined: June 9th, 2020, 11:21 pm
Location: New York
Has thanked: 47 times
Been thanked: 185 times

Re: Ponzi Vineyards purchased by Bollinger

#33 Post by Rodrigo B »

Todd Hamina wrote: April 7th, 2021, 7:33 pm So, who buys Eyrie?

The two Dick's and two Dave's show only has one member left who hasn't sold (Adelsheim, Erath, Ponzi).
Succession planning is a complex thing and take a lot of time to develop and transition, regardless of it’s a keeping it in the family or a sale. I’d be surprised if the Letts aren’t working on their succession planning already. Though I reckon we’re still a few years away from seeing that materialise. Jason’s still fairly young, low-50s I think? So I imagine that unless circumstances change, he’ll continue doing what he’s been doing since 2005. What happens then likely depend on what the succession outlook is like for the Letts.

I’d imagine, and hope, that they’d go somewhat along the likes of Ponzi or Williams Selyem, where, if they sell, it’s to a wine family with a long history of creating and maintaining brands. But given Eyrie’s historical significant in Oregon, bigger brands might be willing to pay a lot more, and sometimes that’s a hard factor to overlook if you’re selling your business.

SevenFifty Daily wrote an interesting article on how some Sonoma wineries are tackling succession planning a while back. Was interesting to see the different approaches.
B r @ g @

Marcus Goodfellow
BerserkerBusiness
BerserkerBusiness
Posts: 2643
Joined: January 5th, 2011, 9:28 pm
Location: McMinnville, Oregon
Has thanked: 129 times
Been thanked: 292 times

Re: Ponzi Vineyards purchased by Bollinger

#34 Post by Marcus Goodfellow »

Marshall Manning wrote: April 7th, 2021, 5:54 pm
Ken Strauss wrote: April 7th, 2021, 4:52 pm Star status for Oregon!
Congratulations
🍾🍾🍾
We already have Drouhin, Jadot, Meo, Goodfellow, Hamina, Anderson and Fritzsche.
[rofl.gif] [rofl.gif] [rofl.gif]

As in, having made wine in the same facility with Todd, I think we’re pretty real and he’s funny as hell...but neither of us likes anyone else to do our punchdowns, so it’s always more sweat than “star”.
Last edited by Marcus Goodfellow on April 8th, 2021, 8:45 am, edited 1 time in total.
Goodfellow Family Cellars
Winemaker & Owner

Marcus Goodfellow
BerserkerBusiness
BerserkerBusiness
Posts: 2643
Joined: January 5th, 2011, 9:28 pm
Location: McMinnville, Oregon
Has thanked: 129 times
Been thanked: 292 times

Re: Ponzi Vineyards purchased by Bollinger

#35 Post by Marcus Goodfellow »

Rodrigo B wrote: April 7th, 2021, 8:20 pm
Todd Hamina wrote: April 7th, 2021, 7:33 pm So, who buys Eyrie?

The two Dick's and two Dave's show only has one member left who hasn't sold (Adelsheim, Erath, Ponzi).
Succession planning is a complex thing and take a lot of time to develop and transition, regardless of it’s a keeping it in the family or a sale. I’d be surprised if the Letts aren’t working on their succession planning already. Though I reckon we’re still a few years away from seeing that materialise. Jason’s still fairly young, low-50s I think? So I imagine that unless circumstances change, he’ll continue doing what he’s been doing since 2005. What happens then likely depend on what the succession outlook is like for the Letts.

I’d imagine, and hope, that they’d go somewhat along the likes of Ponzi or Williams Selyem, where, if they sell, it’s to a wine family with a long history of creating and maintaining brands. But given Eyrie’s historical significant in Oregon, bigger brands might be willing to pay a lot more, and sometimes that’s a hard factor to overlook if you’re selling your business.

SevenFifty Daily wrote an interesting article on how some Sonoma wineries are tackling succession planning a while back. Was interesting to see the different approaches.
Well put, as always.
Goodfellow Family Cellars
Winemaker & Owner

User avatar
Chris Seiber
GCC Member
GCC Member
Posts: 9952
Joined: April 28th, 2010, 3:22 pm
Location: Newport Beach, CA
Has thanked: 120 times
Been thanked: 123 times

Re: Ponzi Vineyards purchased by Bollinger

#36 Post by Chris Seiber »

Bollinger has a bunch of investors, and it’s taking money from the first investors to buy the winery, then attracting new investors and using their money to pay a return to those original investors, and then getting still more investors ...

Vincent Fritzsche
BerserkerBusiness
BerserkerBusiness
Posts: 2086
Joined: February 11th, 2009, 11:40 am
Location: Portland, OR
Has thanked: 32 times
Been thanked: 39 times

Re: Ponzi Vineyards purchased by Bollinger

#37 Post by Vincent Fritzsche »

That sounds like some kind scheme Chris, hmmm 😂
Vincent - ITB

User avatar
Rodrigo B
Monopole Crü
Monopole Crü
Posts: 1300
Joined: June 9th, 2020, 11:21 pm
Location: New York
Has thanked: 47 times
Been thanked: 185 times

Re: Ponzi Vineyards purchased by Bollinger

#38 Post by Rodrigo B »

Chris Seiber wrote: April 7th, 2021, 9:38 pm Bollinger has a bunch of investors, and it’s taking money from the first investors to buy the winery, then attracting new investors and using their money to pay a return to those original investors, and then getting still more investors ...
As far as I’m aware, the Bollinger family remains the sole owners of Société Jacques Bollinger SA (SJB), the holding company that owns most of their assets.

I’m oversimplifying it a bit, but individual family members of the Bollinger family own shares in SJB (either directly or indirectly), and SJB in turn owns the operating assets: wineries, distributors, etc. SJB is the entity that purchased Ponzi.

As a holding company, SJB may borrow some money to conduct acquisitions, but in those case, those are almost exclusively done on the balance sheet of the acquired company.
B r @ g @

User avatar
Jim Anderson
BerserkerBusiness
BerserkerBusiness
Posts: 7131
Joined: October 20th, 2010, 1:18 pm
Location: Portland/Newberg, Oregon
Has thanked: 4 times
Been thanked: 134 times

Re: Ponzi Vineyards purchased by Bollinger

#39 Post by Jim Anderson »

Rodrigo B wrote: April 7th, 2021, 10:11 pm
Chris Seiber wrote: April 7th, 2021, 9:38 pm Bollinger has a bunch of investors, and it’s taking money from the first investors to buy the winery, then attracting new investors and using their money to pay a return to those original investors, and then getting still more investors ...
As far as I’m aware, the Bollinger family remains the sole owners of Société Jacques Bollinger SA (SJB), the holding company that owns most of their assets.

I’m oversimplifying it a bit, but individual family members of the Bollinger family own shares in SJB (either directly or indirectly), and SJB in turn owns the operating assets: wineries, distributors, etc. SJB is the entity that purchased Ponzi.

As a holding company, SJB may borrow some money to conduct acquisitions, but in those case, those are almost exclusively done on the balance sheet of the acquired company.
I think you might want to re-read the post and the follow up post.
Co-owner, Patricia Green Cellars

Mike Evans
Monopole Crü
Monopole Crü
Posts: 3636
Joined: January 30th, 2012, 9:22 am
Location: Atlanta, GA
Has thanked: 63 times
Been thanked: 57 times

Re: Ponzi Vineyards purchased by Bollinger

#40 Post by Mike Evans »

R Roberts wrote: April 7th, 2021, 7:53 pm I'm not ITB, but in tech its the minority that can make M&A make 1+1=3. For those involved, I hope that's the case.

And for a bit of brevity, here's a photo I took at Bridgeport, back when smoking indoors was allowed:

bp.jpeg
In my experience, it’s the rare M&A transaction where 1+1=2. I think I’ve seen more where 1+1=0.

User avatar
Rodrigo B
Monopole Crü
Monopole Crü
Posts: 1300
Joined: June 9th, 2020, 11:21 pm
Location: New York
Has thanked: 47 times
Been thanked: 185 times

Re: Ponzi Vineyards purchased by Bollinger

#41 Post by Rodrigo B »

Jim Anderson wrote: April 7th, 2021, 10:35 pm
Rodrigo B wrote: April 7th, 2021, 10:11 pm
Chris Seiber wrote: April 7th, 2021, 9:38 pm Bollinger has a bunch of investors, and it’s taking money from the first investors to buy the winery, then attracting new investors and using their money to pay a return to those original investors, and then getting still more investors ...
As far as I’m aware, the Bollinger family remains the sole owners of Société Jacques Bollinger SA (SJB), the holding company that owns most of their assets.

I’m oversimplifying it a bit, but individual family members of the Bollinger family own shares in SJB (either directly or indirectly), and SJB in turn owns the operating assets: wineries, distributors, etc. SJB is the entity that purchased Ponzi.

As a holding company, SJB may borrow some money to conduct acquisitions, but in those case, those are almost exclusively done on the balance sheet of the acquired company.
I think you might want to re-read the post and the follow up post.
I'm probably missing something. Did I get something wrong? Or am I just completely misreading Chris’ post?
B r @ g @

User avatar
Jim Anderson
BerserkerBusiness
BerserkerBusiness
Posts: 7131
Joined: October 20th, 2010, 1:18 pm
Location: Portland/Newberg, Oregon
Has thanked: 4 times
Been thanked: 134 times

Re: Ponzi Vineyards purchased by Bollinger

#42 Post by Jim Anderson »

Rodrigo B wrote: April 8th, 2021, 7:44 am
Jim Anderson wrote: April 7th, 2021, 10:35 pm
Rodrigo B wrote: April 7th, 2021, 10:11 pm

As far as I’m aware, the Bollinger family remains the sole owners of Société Jacques Bollinger SA (SJB), the holding company that owns most of their assets.

I’m oversimplifying it a bit, but individual family members of the Bollinger family own shares in SJB (either directly or indirectly), and SJB in turn owns the operating assets: wineries, distributors, etc. SJB is the entity that purchased Ponzi.

As a holding company, SJB may borrow some money to conduct acquisitions, but in those case, those are almost exclusively done on the balance sheet of the acquired company.
I think you might want to re-read the post and the follow up post.
I'm probably missing something. Did I get something wrong? Or am I just completely misreading Chris’ post?
Yeah. In a land where we cannot explain the joke I can’t point it out but perhaps you should look at the SCHEME-atics of how those two posts are built.
Co-owner, Patricia Green Cellars

User avatar
Rodrigo B
Monopole Crü
Monopole Crü
Posts: 1300
Joined: June 9th, 2020, 11:21 pm
Location: New York
Has thanked: 47 times
Been thanked: 185 times

Re: Ponzi Vineyards purchased by Bollinger

#43 Post by Rodrigo B »

Jim Anderson wrote: April 8th, 2021, 8:17 am
Rodrigo B wrote: April 8th, 2021, 7:44 am
Jim Anderson wrote: April 7th, 2021, 10:35 pm

I think you might want to re-read the post and the follow up post.
I'm probably missing something. Did I get something wrong? Or am I just completely misreading Chris’ post?
Yeah. In a land where we cannot explain the joke I can’t point it out but perhaps you should look at the SCHEME-atics of how those two posts are built.
Well, that went well over my head. [oops.gif] newhere
B r @ g @

Todd Hamina
BerserkerBusiness
BerserkerBusiness
Posts: 4693
Joined: February 3rd, 2009, 2:16 pm
Location: McMinnville, OR
Has thanked: 51 times
Been thanked: 35 times

Re: Ponzi Vineyards purchased by Bollinger

#44 Post by Todd Hamina »

I'm sure you're good at other things Rodrigo.
Vineyard Specialist at Berkshire Hathaway Home Services Northwest Real Estate & Co-Owner at Biggio Hamina Cellars
-Toddhamina

User avatar
Rodrigo B
Monopole Crü
Monopole Crü
Posts: 1300
Joined: June 9th, 2020, 11:21 pm
Location: New York
Has thanked: 47 times
Been thanked: 185 times

Re: Ponzi Vineyards purchased by Bollinger

#45 Post by Rodrigo B »

Todd Hamina wrote: April 8th, 2021, 10:23 am I'm sure you're good at other things Rodrigo.

Somehow your consolation makes me sound even more inept [rofl.gif]
B r @ g @

crickey
Posts: 724
Joined: August 3rd, 2009, 2:59 pm
Has thanked: 2 times
Been thanked: 24 times

Re: Ponzi Vineyards purchased by Bollinger

#46 Post by crickey »

Chris described a type of scheme that rhymes with Fonzie. And shares the winery name.
Chri$ Ri¢k€y

User avatar
Chris Seiber
GCC Member
GCC Member
Posts: 9952
Joined: April 28th, 2010, 3:22 pm
Location: Newport Beach, CA
Has thanked: 120 times
Been thanked: 123 times

Re: Ponzi Vineyards purchased by Bollinger

#47 Post by Chris Seiber »

Rodrigo B wrote: April 8th, 2021, 11:04 am
Todd Hamina wrote: April 8th, 2021, 10:23 am I'm sure you're good at other things Rodrigo.

Somehow your consolation makes me sound even more inept [rofl.gif]
You always got my Rodrigo Blankenship jokes at least!

Brian Glas
Posts: 290
Joined: April 25th, 2018, 8:01 pm
Location: Seattle
Has thanked: 1 time
Been thanked: 3 times

Re: Ponzi Vineyards purchased by Bollinger

#48 Post by Brian Glas »

I heard that LVMH made a big offer for Biggio Hamina but when they saw Todd pull up in that E Class Mercedes the deal was off. I guess Bernard Arnault doesn't like German cars.... :)

Todd Hamina
BerserkerBusiness
BerserkerBusiness
Posts: 4693
Joined: February 3rd, 2009, 2:16 pm
Location: McMinnville, OR
Has thanked: 51 times
Been thanked: 35 times

Re: Ponzi Vineyards purchased by Bollinger

#49 Post by Todd Hamina »

So close.
Vineyard Specialist at Berkshire Hathaway Home Services Northwest Real Estate & Co-Owner at Biggio Hamina Cellars
-Toddhamina

Post Reply

Return to “Wine Talk”