NEW ZEALAND: Baron de Rothschild buys New Zealand vineyard
Baron de Rothschild has acquired almost 27 hectares of vineyards in New Zealand
Compagnie Vinicole Baron Edmond de Rothschild has acquired around 26 hectares of vineyards in the Marlborough region of New Zealand.
The firm, which owns Chateau Lafite, has paid in the region of NZD4m (US$3.3m) for the vineyards, located along the Rapaura Road in Marlborough. Sellers the Paul Family divested themselves of the vineyards, on New Zealand's South Island, last week, after Ursula Paul's husband passed away two years ago.
The site, planted mainly to Sauvignon Blanc, is home to some of the best-known and respected vineyards in Marlborough. Previously the grapes from this vineyard had been sold to local wineries.
The Rothschild company said it will focus on quality management.
- Can Bacardi take its rum back to the party?
- What Trans-Pacific Partnership means for drinks
- AB InBev, SABMiller - Here's what'll happen next
- Japan and the global soft drinks race
- ABInBev on the verge of SABMiller buy? - Comment
- A-B InBev raises SABMiller offer to GBP70.5bn
- Carlsberg UK chief James Lousada quits
- Brito gives call to arms to SABMiller shareholders
- Beam Suntory CMO to stand down
- Ketel One co-owner now Bols' largest shareholder
- The IWSR Duty Free/Travel Retail Summary Report 2015
- Future growth opportunities for global spirits
- Global gin insights - market data, product innovation and consumer trends research
- Global non-Scotch whiskies insights - market forecasts, product innovation and consumer trends research
- Anheuser-Busch InBev SA/NV - Strategy and SWOT Report