Quindell founder Rob Terry snaps up land in Hampshire for new business venture

Quindell founder Rob Terry

Quindell founder Rob Terry is plotting success in the wine market after snapping up a Hampshire vineyard.

Terry’s fund Quob Park Estate is reportedly leasing the land from Quob Park Ltd, a business which he also controls, for £18,000 a year and a share of future profits.

The news, first revealed by AIM blogger and Rob Terry nemesis Tom Winnifrith, is the latest ploy by Terry to make a comeback.

Terry has set up a new investment business under the Quob brand, which aims to attract investors to fund digital disruptors.

He values the revamped business at £80m

The Serious Fraud Office is currently investigating the activity that went on at Quindell, prior to its Watchstone rebrand.