Zamora Company has acquired a majority stake in Spain’s Bodegas Godeval to strengthen its position in white wines.
The owner of wine brand Ramón Bilbao said today (30 October) the transaction “reinforces” its strategy of “consolidating a portfolio of premium white wines with international growth potential”.
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Javier Pijoan, the CEO of Zamora Company, said the Godeval deal “complements and strengthens our wine division and opens up a path for growth”.
Until now, Zamora’s white wine production centred on Verdejo and Albariño grapes through its Ramón Bilbao and Mar de Frades wineries in Rueda and Rías Baixas.
By bringing Godeval into the group, Zamora incorporates Godello grapes, a native Galician variety it described as “rapidly expanding” with an “extraordinary” ability to deliver complex, mineral and age worthy wines.
Founded nearly four decades ago, Godeval cultivates more than 50 ha across 246 slate-soil plots and produces about 150,000 bottles annually.
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By GlobalDataIts range comprises four Godello wines from estate vineyards: Godeval, Cepas Vellas, Revival and Godeval 1986.
Zamora said the deal creates opportunities for production, commercial and marketing synergies. The company plans to use its international distribution network and hospitality relationships to support the brand.
Godeval will continue to target “premium” on-trade outlets and specialist retailers in Spain and overseas, particularly where interest in Spanish white wines is growing.
Zamora will retain the winery’s leadership. Founder Honorato López Isla will remain a company director, joined on the board by winery manager Araceli Fernández.
Ana Bartolomé will continue as technical director for viticulture and oenology, supported in that role by her father, José Luis Bartolomé.
In a joint statement, Fernandez and Bartolomé said: “This union will allow us to grow authentically, maintaining the style and philosophy that have made Godeval a benchmark.”
The company said its medium-term objective is to “project the winery’s identity and uniqueness to new audiences and markets,” while preserving its essence and enhancing visibility “under the umbrella of Zamora”.
In 2024, Zamora reported net profit of €19.5m ($22.7m), up 9.8% year on year. Turnover reached €260m, down 2.9% on 2023.
