Champagne Bollinger announced the purchase of Ponzi Vineyards, a leading Oregon winery near Sherwood.
Trailblazing Oregon winery Ponzi Vineyards has been purchased by the famed French wine company Champagne Bollinger.
The Bollinger family announced the sale of the winery about seven miles west of Sherwood Wednesday, April 7, marking its first acquisition of a winery outside France.
The sale includes Ponzi's hospitality facilities, its 40,000-case winery and 35 acres of vineyards. The sale price was not disclosed in the announcement.
Dick and Nancy Ponzi founded Ponzi Vineyards on a 20-acre farm in 1970. It has since grown to include 175 acres of vines, 100 of which the Ponzi family will retain, selling grapes to Ponzi Vineyards under a long-term contract.