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Sunday 5 July 2015

FMV ends doubt over Vega Sicilia

24th February, 2014 by Lucy Shaw

London-based fine wine merchant Fields, Morris & Verdin has reaffirmed its status as the official UK agent of top Spanish label Vega Sicilia after stock began appearing on the grey market.

Speaking to the drinks business, Lenka Sedlakova, sales and marketing manager for Fields, Morris & Verdin, a division of Berry Bros & Rudd, said: “We want to reinforce to the trade that we are the official UK agent for the wines and end the speculation about the 2004 release, which is finally happening now.

“There has been much speculation in the market over the past month as to when or if Vega Sicilia is releasing its new vintages and some stock has been appearing on the grey market with UK merchants claiming to have it.”

The new label gracing Unico 2004

The new label gracing Unico 2004

FMV has been the official UK agent for Vega Sicilia for the last 15 years.

The 2004 vintage of Unico, the 2009 vintage of Valbuena and the latest release of Reserva Especial will be released directly into the UK market via FMV this month.

A blend of three vintages, the 2014 release of Reserva Especial is made up of wine from the 1994, 1995 and 2000 vintages.

The 2014 offer coincides with the 150th Anniversary of the Ribera del Duero-based estate, which will be marked by launching new labels for its range.

In addition to the release of Unico 2004, Alion 2009 will also be re-released, alongside the 2010 vintage of Macan, a joint venture between Vega and Benjamin de Rothschild in Rioja.

The Macan range will be introduced to the UK trade for the first time next month at a tasting at the Berry Bros cellars in St James’s.

Vega Sicilia was a surprise addition to the newly formed Liv-ex Fine Wine 1000 and was one of Sotheby’s best performing wines at auction last year.

To date, it remains one of Spain’s only investment worthy wines, alongside Peter Sisseck’s Dominio de Pingus and Alvaro Palacios’ L’Ermita from Priorat.

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