News

NZ: Italian group acquires Marlborough vineyard

Most popular

How will Diageo change Cuban rum?

How DNA testing will shape the future of drinking

Why rye whisky is set to go global - Comment

Blockchain in drinks traceability and beyond

Constellation Brands Performance Trends 2015-2019

MORE

The Italian wine company Campo Di Sasso Ltd, has acquired a vineyard in the Marlborough region of New Zealand, the country's Overseas Investment Commission has said.

The purchase is for 12.7 hectares, with 10.8ha in Sauvignon Blanc.

The Antinori family, which controls Campo Di Sasso paid NZ$2.5m, or around NZ$196,500 per hectare.

The seller, William Grigg, said although the area was in relatively new wine-making territory, the fact the block was adjacent to the established Wither Hills' vineyards helped its value.

 


Sectors: Wine

Related Content

Lucozade Ribena Suntory's edible packaging Ooho secures government funds

Lucozade Ribena Suntory's edible packaging Ooho secures government funds...

Whisky Illuminati’s Solaria Series - Product Launch

Whisky Illuminati’s Solaria Series - Product Launch...

"TWE could be an acquirer of other people's wine businesses" - just-drinks speaks to Treasury Wine ...

Treasury Wine Estates on M&A hunt as CEO targets US, Asia

Treasury Wine Estates on M&A hunt as CEO targets US, Asia...

Oops! This article is copy protected.

Why can’t I copy the text on this page?

The ability to copy articles is specially reserved for people who are part of a group membership.

How do I become a group member?

To find out how you and your team can copy and share articles and save money as part of a group membership call Sean Clinton on
+44 (0)1527 573 736 or complete this form..



Forgot your password?