Acacia Winery Purchases Martinez Property; Ultra Premium Winery Adds 50 Contiguous Acres of Prime Vineyard Land to Its Carneros Estate.NAPA, Calif.--(BUSINESS WIRE)--Jan. 21, 1999--Phil Woodward, chairman of Napa-based Chalone chalone /chal·one/ (kal´on) a group of tissue-specific water-soluble substances that are produced within a tissue and that inhibit mitosis of cells of that tissue and whose action is reversible. Wine Group, Ltd. (Nasdaq:CHLN), which owns and operates Acacia Winery, announced that Acacia has signed a lease-purchase agreement Lease-purchase agreement An agreement that allows for portions of lease payments to be used to purchase the leased property. for the 50-acre Martinez property in Carneros. The agreement, effective Dec. 31, 1998, brings Acacia's number of contiguous acres to 150. "We have had our eye on that property since we founded Acacia twenty years TWENTY YEARS. The lapse of twenty years raises a presumption of certain facts, and after such a time, the party against whom the presumption has been raised, will be required to prove a negative to establish his rights. 2. ago," commented Mike Richmond
Mike Richmond (born 18 January, 1978) is a musician who has worked both in the live forum with traditional instruments and electronically. , general manager and winemaker of Acacia Winery. "Its location and quality of land is just perfect for Acacia. We are all thrilled that we have been able to add this beautiful and potentially bountiful property to our Carneros estate." The 50-acre parcel is a fairly steep-sided knoll immediately west of Acacia Winery, bordered on two sides by renowned and historic Madonna Vineyard and BV5, and on the third side by a newly planted Kendall-Jackson property. It has changed hands only once in the past 90 years, from the Duhig family, who purchased the property in 1909, to the Martinez family, who became owners in 1943. Acacia's lease-purchase agreement reunites these two historic parcels of land. According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Richmond, "The property has never been planted to vineyards because it does not have its own water source and is therefore difficult to irrigate ir·ri·gate v. To wash out a cavity or wound with a fluid. . Now, we will be able to use our own water sources to irrigate this prime, undeveloped vineyard property." Acacia will begin planting the vineyard this year. By year 2000, all of the east and southeast facing slopes will be planted to Pinot Noir, with a few acres designated for Viognier. The remaining acres will be planted to Chardonnay by 2001. "East and southeast facing slopes are ideally suited to growing Pinot Noir in Carneros," explains Richmond. "We are in the process of replanting all of our east and southeast facing vineyard slopes to Pinot Noir. "Acacia is making a shift back to our founding philosophy of making single vineyard designate Pinot Noirs with grapes from prime vineyards. Therefore, we want to use the optimum Pinot Noir growing portions of our vineyards for that purpose. Once the Martinez vines have matured, I believe they will produce some beautiful and distinctive single vineyard Pinot Noirs." Acacia Winery produces Chardonnay and Pinot Noir under the broad Carneros appellation ap·pel·la·tion n. 1. A name, title, or designation. 2. A protected name under which a wine may be sold, indicating that the grapes used are of a specific kind from a specific district. 3. The act of naming. as well as single small vineyard designates. The winery also produces small quantities of Brut Brut, Brute (both: br  t), or Brutus (br and Viognier. Acacia Winery is located at 2750 Las Amigas Road in Carneros. Tours and tastings are available daily from 10 a.m. - 4:30 p.m. by appointment. To arrange for a tour or tasting, call Acacia at 707/226-9991.
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