Wednesday, July 23, 2008

Continuum Finds a Home

Continuum Finds a Home - Mondavi family enterprise acquires Cloud View property
Source: Wines & Vines

by Jane Firstenfeld

July 22nd

Continuum, a partnership of the Marcia and Tim Mondavi families and Margrit Biever Mondavi, announced today it has completed its purchase of Cloud View Vineyards on Pritchard Hill, overlooking the Napa Valley in St. Helena. Escrow closed on the deal on July 16, exactly 42 years after the groundbreaking for the Robert Mondavi Winery in Oakville.

The property, previously owned by Linda and Leighton Taylor, includes 85 acres, 26 currently planted to Cabernet and Merlot vines, as well as an existing winery and other buildings. The Mondavis plan to build a new winery on the site.

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