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By GlobalDataBrancott Vineyards parent company, Montana Wines, the largest wine producer in New Zealand has announced the purchase of all the shares of Corbans Wine Limited, the second largest winery, owned by DB Group Limited. The newly merged company will produce an estimated 55% of New Zealand wines. The purchase allows Montana Wines/ Brancott Vineyards to extend their grape resources, achieve greater production economies and become an even more significant presence in the international market.
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalData