Monday 20 August 2012

Bodegas: Grupo Estevez

The story of this successful Bodega began in 1809 when Don Jose Lena Rendon set up as a dealer in Sherry wines. He was joined at some point by Don Inigo Ruiz de Villegas y Sanchez de Tagle. Bodegas were constructed in Jerez at No. 8 Calle Lechuga.  By the 1870s the firm had important business in Northern Europe and South America, as well as offices in London run by Antonio Rodrigo Ruiz. In 1894 the principal shareholder, Felix Ruiz y Ruiz a descendant of Don Inigo, changed the company name to Felix Ruiz y Ruiz SA. The name was changed a few times: AR Ruiz Hermanos, J Ruiz y Cia.

Rumasa's first bodega purchase was AR Ruiz Hnos. with its 10,000 butts in 1963, and in 1974 Ruiz was bought by Jose Estevez SA. Jose Estevez de los Reyes was a real entrepreneur, a Jerezano who from childhood was always on the lookout for business opportunities. Among many other things, he was involved in construction, a bottle factory, he worked in the production department at Domecq, studied geology and owned a silica sand mining company at Arcos, the sale of which (for 12,000 million pesetas!) gave him the money to invest in the wine business. He died in 2005 and his son Jose Ramon now runs the business.

 In 1982 he bought a significant holding in the bodega Marques del Real Tesoro, completing the purchase in 1989, merging the companies, for which he spent a fortune building a new bodega complex. 1993 saw the purchase of the ex Harveys fino brand Tio Mateo, along with its soleras, and expansion didn't stop there. Valdespino was purchased in 2002, and in 2007 the group bought Hijos de Rainera Perez Marin,owner of the best selling Manzanilla, La Guita, and Bodegas M Gil Luque.

Grupo Estevez is more dynamic than many Sherry firms, and one of the few with facilities in all three of the main Sherry towns, turning over 103 million Euros and employing 200 staff. The company recently bought 400 hectares more vineyard (ex Domecq) from Beam Global, a very canny move, giving the firm almost 800 in total. The firm is also keen to use fortification spirit made from Palomino in Jerez rather than from Airen in la Mancha, and is now sending Jerez mosto to Tomelloso for distillation and using it in an experimental solera set up in 2015. They are also trying to raise interest in the establishment of a distillery in Jerez.

The bodegas also house an art gallery, a carriage museum and a stud. More recently the firm has moved into spirits, and supplies no less than 48 wine and spirit products to the Mercadona supermarket which has 1500 branches in Spain. The two firms have worked very well together and prospered.

Contact
Address: Carretera Nacional IV - km 640, CP 11408, Jerez de la Frontera, Cadiz
Tel: (+34)  956 321 004
Web: www.grupoestevez.es










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