Projects

Damasceno Wines Setúbal

100% Confirmed Amount = € 25.000,00
Reserved Amount = € 0,00
€ 25.000,00
100% Funded
12 mth

term

4.4%

a year

11 mth

grace period

monthly

instalment

B-

rating

rural_development

Rural development

2. Zero Hunger

SDG 2. Zero Hunger

12. Responsible Consumption and Production

SDG 12. Responsible Consumption and Production

Treasury loan to Portuguese wine producer.

Impact

Sustainable production

  • All production is carried out in an integrated production regime; the agricultural production system is based on good agricultural practices, with rational management of natural resources and privileging the use of natural regulation mechanisms in place of production factors, contributing, thus, to sustainable agriculture. The company Certis is responsible for the annual audit and issuance of the respective certificate.

  • Only approved/certified products that respect the standards imposed by the Ministry of Agriculture in environmental terms are used.

  • Preservation and improvement of soil fertility and biodiversity, through the use of humidity control sensors, to minimize water consumption and avoid water stress in the vineyards.

Gender equality promotion

70% of the workforce consists of women and the sole manager is a woman.

Sustainable job promotion

Due to a strong seasonal component characterizing this activity, during periods with less workload, the promoter encourages the professional training of his employees regarding agricultural management, handling, and application of products, organic production, etc.

Local development

The promoter employs two people with a permanent contract. On top of this, fice other people have been working for the family for more than 30 years, now. Despite providing services to the promoter, they are employed by another local wine producer. This way, synergies are created. Finally, they have a "pool" of people hired for the manual pruning and harvest.

Project Information

The history of Vinhos Damasceno begins in 1870 in the town of Poceirão, Palmela with the birth of Domingos Damasceno de Carvalho, who would later name the wines.

In 2013, the first harvest of bottled wine under the IGP (Protected Geographical Indication) and DO (Name of Origin Denomination).

Currently, the company operates in their three properties with 25 hectares of vineyards between Palmela and Pegões, in the region of the Setúbal Peninsula. 2021 will be an important year as the company will start exploring another 20 hectares, to acquire them on a lease basis, in order to increase grape production for the production of common wines and, consequently, increase its turnover.

All production is done in an integrated production regime, based on good agricultural practices and the rational management of natural resources.

The company produces about 300 tons of grape, of which only 30% is used for its own production, with the surplus grapes being sold to other wine producers, the most relevant being Casa Ermelinda Freitas.

Viabilidade Financeira

The funds raised through this campaign will be used as a treasury loan until Casa Ermelinda Freitas makes full payment for the surplus grapes that are provided to it annually, which occurs in December of each year.

100% Funded
12 mth

term

4.4%

a year

11 mth

grace period

monthly

instalment

B-

rating

rural_development

Rural development

2. Zero Hunger

SDG 2. Zero Hunger

12. Responsible Consumption and Production

SDG 12. Responsible Consumption and Production

Treasury loan to Portuguese wine producer.

100% Confirmed Amount = € 25.000,00
Reserved Amount = € 0,00
€ 25.000,00

Impact

Sustainable production

  • All production is carried out in an integrated production regime; the agricultural production system is based on good agricultural practices, with rational management of natural resources and privileging the use of natural regulation mechanisms in place of production factors, contributing, thus, to sustainable agriculture. The company Certis is responsible for the annual audit and issuance of the respective certificate.

  • Only approved/certified products that respect the standards imposed by the Ministry of Agriculture in environmental terms are used.

  • Preservation and improvement of soil fertility and biodiversity, through the use of humidity control sensors, to minimize water consumption and avoid water stress in the vineyards.

Gender equality promotion

70% of the workforce consists of women and the sole manager is a woman.

Sustainable job promotion

Due to a strong seasonal component characterizing this activity, during periods with less workload, the promoter encourages the professional training of his employees regarding agricultural management, handling, and application of products, organic production, etc.

Local development

The promoter employs two people with a permanent contract. On top of this, fice other people have been working for the family for more than 30 years, now. Despite providing services to the promoter, they are employed by another local wine producer. This way, synergies are created. Finally, they have a "pool" of people hired for the manual pruning and harvest.

Project Information

The history of Vinhos Damasceno begins in 1870 in the town of Poceirão, Palmela with the birth of Domingos Damasceno de Carvalho, who would later name the wines.

In 2013, the first harvest of bottled wine under the IGP (Protected Geographical Indication) and DO (Name of Origin Denomination).

Currently, the company operates in their three properties with 25 hectares of vineyards between Palmela and Pegões, in the region of the Setúbal Peninsula. 2021 will be an important year as the company will start exploring another 20 hectares, to acquire them on a lease basis, in order to increase grape production for the production of common wines and, consequently, increase its turnover.

All production is done in an integrated production regime, based on good agricultural practices and the rational management of natural resources.

The company produces about 300 tons of grape, of which only 30% is used for its own production, with the surplus grapes being sold to other wine producers, the most relevant being Casa Ermelinda Freitas.

Viabilidade Financeira

The funds raised through this campaign will be used as a treasury loan until Casa Ermelinda Freitas makes full payment for the surplus grapes that are provided to it annually, which occurs in December of each year.

Financipe - Gestão e Património

Active since
2003
Fiscal Country
Portugal
Operating in
Setúbal 
Industry
Wine and liquor production
GoParity Loans
1
About Financipe - Gestão e Património

The history of Damasceno Wines began over a century ago when farmer Domingos Carvalho settled in the town of Poceirão, in the region of Setúbal, and built a 600-hectare estate called Herdade dos Carvalho's, where he planted vineyards to extract the best wine from the sandy soils.

In 2003, for the first time, the harvest was bottled under the designation of Domingos Damasceno de Carvalho, and the wines were sold in bulk until then.

In 2012, after capital injection from Finance, the project promoter, the brand was reborn with a new image, new investment, and a strong commitment to growing a business with history in one of the oldest wine regions in Portugal. Currently, the company owns the brands of the “Damasceno” universe, all activity is concentrated there and it is through it that it is expected to increase the production capacity of grapes and wine (in bulk and bottled).

It is also since that time that winemaker António Saramago ensures the quality of wines in the cellar with the latest technology.

In the 23 hectares of vineyards, in addition to the most traditional varieties in the region, such as Moscatel, Moscatel Roxo, and Castelão, the promoter has his own production of red grapes such as Touriga Nacional, Alicante Bouschet, and Merlot. In white grape varieties, it produces Chardonnay, Antão Vaz, Arinto, Fernão Pires, Verdelho, and Viognier.

In the 20 hectares that will be explored from 2021, priority will be given to the planting of national varieties.

The Business Model

Annually, the company produces about 300 tons of quality grapes. Part of this production is intended for the production of own wine that is sold under the brands Nocturno (entry range), Damasceno (premium) and, more recently, D. Pedro V (super-premium). The surplus of the grape is sold to other wine producers, namely Casa Ermelinda Freitas.

In 2018, only 30% of the grapes produced were vinified, which gives the promoter enormous growth and security potential for the future development of the company.

Portugal is the most relevant market, absorbing 60% of production, and in recent years, the bet on internationalization has been very successful, with Dubai and Denmark representing the main export markets. Additionally, the company also exports to Switzerland, the Netherlands, Japan, Brazil, Germany, the United Kingdom and China.

The company's growth has been based on niche markets - wine cellars and the Horeca channel - to the detriment of Large Distribution.

Track Record

The history of Damasceno Wines goes back to the middle of the 19th century when Domingos Damasceno de Carvalho's grandfather, Domingos Carvalho, acquired a property of around 600 hectares (called Herdade dos Carvalho) in the Municipality of Palmela, district of Setúbal. Later, she added another farm (called Herdade da Reforma). This region, traditionally wine-growing since Roman times, is also an important forest reserve, mainly occupied by cork oaks.

On the sands of the Setúbal Peninsula, Domingos Carvalho starts an agricultural exploration where he orders to plant vineyards that can produce the best wines in the region.

With his death, the children share the property and the estate. Among them, the first son, José, stands out, who manages to considerably increase the production of oil and wine. José marries Maria Damasceno with whom he has five children.

When José dies, Domingos Damasceno de Carvalho (his eldest son) becomes the financial administrator of the estate, which he explores together with his three brothers.

In 2012, Financipe acquired the brands and the brand was reborn with a new image and that same year the first harvest was launched under the name “Damasceno”.

In 2014, the farm was restored, providing a space for events.

In May 2018, Financipe makes a capital increase to finance the company's growth with a solid shareholder structure, managers passionate about viticulture, and one of the best winemakers in Portugal and invests in the recovery of an old farm that becomes the center of its activity.

Currently, the promoter operates three properties between Palmela and Pegões, in the region of the Setúbal Peninsula.

  • Vinha das Pedras Negras: in the Serralheiras Zone, with a total area of 8 hectares, it produces white and red grapes.

  • Vinha da Agualva: located in Águas de Moura, with a total area of 6 hectares, it produces white and red grapes.

  • Pegões Vineyard: located in the Pegões area, with an area of 13 hectares, it is intended solely and exclusively for the production of white grape varieties.

There have been several awards for wines at the national and international level, namely at the International Wine Challenge and Decanter World Wine Awards in London and Challenge International du Vin, in Bordeaux.

Promoter Rating: B-

Guarantees

Guarantee of the partners: Mário Franclim Assis Lobo and Enoinveste Global, S.A.

Financipe - Gestão e Património

Active since
2003
Fiscal Country
Portugal
Operating in
Setúbal 
Industry
Wine and liquor production
GoParity Loans
1
About Financipe - Gestão e Património

The history of Damasceno Wines began over a century ago when farmer Domingos Carvalho settled in the town of Poceirão, in the region of Setúbal, and built a 600-hectare estate called Herdade dos Carvalho's, where he planted vineyards to extract the best wine from the sandy soils.

In 2003, for the first time, the harvest was bottled under the designation of Domingos Damasceno de Carvalho, and the wines were sold in bulk until then.

In 2012, after capital injection from Finance, the project promoter, the brand was reborn with a new image, new investment, and a strong commitment to growing a business with history in one of the oldest wine regions in Portugal. Currently, the company owns the brands of the “Damasceno” universe, all activity is concentrated there and it is through it that it is expected to increase the production capacity of grapes and wine (in bulk and bottled).

It is also since that time that winemaker António Saramago ensures the quality of wines in the cellar with the latest technology.

In the 23 hectares of vineyards, in addition to the most traditional varieties in the region, such as Moscatel, Moscatel Roxo, and Castelão, the promoter has his own production of red grapes such as Touriga Nacional, Alicante Bouschet, and Merlot. In white grape varieties, it produces Chardonnay, Antão Vaz, Arinto, Fernão Pires, Verdelho, and Viognier.

In the 20 hectares that will be explored from 2021, priority will be given to the planting of national varieties.

The Business Model

Annually, the company produces about 300 tons of quality grapes. Part of this production is intended for the production of own wine that is sold under the brands Nocturno (entry range), Damasceno (premium) and, more recently, D. Pedro V (super-premium). The surplus of the grape is sold to other wine producers, namely Casa Ermelinda Freitas.

In 2018, only 30% of the grapes produced were vinified, which gives the promoter enormous growth and security potential for the future development of the company.

Portugal is the most relevant market, absorbing 60% of production, and in recent years, the bet on internationalization has been very successful, with Dubai and Denmark representing the main export markets. Additionally, the company also exports to Switzerland, the Netherlands, Japan, Brazil, Germany, the United Kingdom and China.

The company's growth has been based on niche markets - wine cellars and the Horeca channel - to the detriment of Large Distribution.

Track Record

The history of Damasceno Wines goes back to the middle of the 19th century when Domingos Damasceno de Carvalho's grandfather, Domingos Carvalho, acquired a property of around 600 hectares (called Herdade dos Carvalho) in the Municipality of Palmela, district of Setúbal. Later, she added another farm (called Herdade da Reforma). This region, traditionally wine-growing since Roman times, is also an important forest reserve, mainly occupied by cork oaks.

On the sands of the Setúbal Peninsula, Domingos Carvalho starts an agricultural exploration where he orders to plant vineyards that can produce the best wines in the region.

With his death, the children share the property and the estate. Among them, the first son, José, stands out, who manages to considerably increase the production of oil and wine. José marries Maria Damasceno with whom he has five children.

When José dies, Domingos Damasceno de Carvalho (his eldest son) becomes the financial administrator of the estate, which he explores together with his three brothers.

In 2012, Financipe acquired the brands and the brand was reborn with a new image and that same year the first harvest was launched under the name “Damasceno”.

In 2014, the farm was restored, providing a space for events.

In May 2018, Financipe makes a capital increase to finance the company's growth with a solid shareholder structure, managers passionate about viticulture, and one of the best winemakers in Portugal and invests in the recovery of an old farm that becomes the center of its activity.

Currently, the promoter operates three properties between Palmela and Pegões, in the region of the Setúbal Peninsula.

  • Vinha das Pedras Negras: in the Serralheiras Zone, with a total area of 8 hectares, it produces white and red grapes.

  • Vinha da Agualva: located in Águas de Moura, with a total area of 6 hectares, it produces white and red grapes.

  • Pegões Vineyard: located in the Pegões area, with an area of 13 hectares, it is intended solely and exclusively for the production of white grape varieties.

There have been several awards for wines at the national and international level, namely at the International Wine Challenge and Decanter World Wine Awards in London and Challenge International du Vin, in Bordeaux.

Promoter Rating: B-

Guarantees

Guarantee of the partners: Mário Franclim Assis Lobo and Enoinveste Global, S.A.

Payments Status: On time

2021-01-01

100% funded

158 investors successfully raised 25.000€

2020-12-24

Open for investment

This campaign is open for investment

Payments Status: On time

2021-01-01

100% funded

158 investors successfully raised 25.000€

2020-12-24

Open for investment

This campaign is open for investment