Quinta do Vallado acquires new wine partner

It is the union of two families through business and has the potential to pay off on both sides. The Ferreira family, a descendant of Dona Antonia Adelaide Ferreira, has sold 50% of Quinta do Vallado to Teak Capital, an agreement that was concluded on Monday and is still subject to competition authority approval, but could strengthen both groups.

“The completion of this agreement comes at the best time. We have 15 years of extraordinary qualitative and quantitative leaps behind us. It is time for us to take another remarkable leap,” says Joao Ferreira Álvares Ribeiro, CEO of Quinta do Vallado. Carlos Moreira da Silva, CEO of Tech Capital, confirms: “The challenge facing us now is to be able to contribute to accelerating the pace of growth in this business without forgetting its foundations of value and differentiation, which are linked to quality, with the land and its tourism components.”

When the deal is confirmed, the embodiment is already fully designed. Quinta do Vallado’s executive management will continue to underwrite João Álvares Ribeiro and Francisco Ferreira, the current directors, with two non-executive members who will be appointed by Teak Capital to join the board. The chairman of the board will continue to be chosen by the Ferreira family and Joao Alvarez Ribeiro will take over as CEO for the next six years, said the companies that decided to take this step to better respond to the challenges and opportunities envisioned in wine. and tourism, thus enhancing the value of one of the most important brands in the Douro.

“Sharing this responsibility with a group with great management experience and strong financial capacity will make it possible to develop all the identified projects more quickly. Exports, which have grown from year to year, will be one of the focus points for expansion, leading to the expansion of what is now known as the Quinta Do markets. Major Valado – the United States, Switzerland, the United Kingdom, Sweden, Macau and Brazil, the companies say.

“We have developed a lot in Portugal and in international markets. Today, we have more vineyards, a large team of specialized collaborators and, along the way, we have developed a strong tourism pillar that strengthens the brand and is an important source of income,” says Joao Ferreira-Alvarez Ribeiro. So partner entry has been studied in depth. The opportunity to join Quinta do Vallado with a large national company like Teak will certainly bring great benefits,” the CEO believes.

family office From the Moreira da Silva family, Teak Capital was founded in 1997 and has diversified its asset portfolio, focusing mainly on direct investment in high-quality industrial assets, “with growth potential and strong management teams, but also with diversified investments in other asset classes that includes health care and education, private equity infrastructure and real estate”, and, most recently, a long-term project in the field of forestry and agroforestry with an intervention area of ​​about 6,500 hectares.

“This investment combines our industrial profession with the forestry and agricultural side that Teak is developing after a series of acquisitions in this asset class,” emphasizes Carlos Moreira da Silva. “What interests us most is the fact that we have a strong brand, well built and backed by quality products. The history and reputation of such a brand is a non-replicable asset that must be nurtured,” says Teak Capital CEO.

Quinta do Vallado has experienced strong growth in activity and sales over the past decade and a half, especially in recent years. In the years 2020 to 2023, EBITDA increased by more than 30% and sales volume in the tourist region more than doubled, according to the company, which has also expanded into wine, the heart of the business. The vineyard area already covers 130 hectares, having benefited from the recent acquisition of eleven hectares adjoining Quinta do Vallado, which formed an important part of the Quinta do Cotto vineyards, where Quinta do Cotto wines have been produced so far, with great choice.

Results and leadership in innovation in the wine and tourism sector have put Quinta do Valado, since June 2020, on the list of Case studies Used in the INSEAD MBA.