In March, Peter Yealands warned that Marlborough could run out of vineyard space

In March, Peter Yealands warned that Marlborough could run out of vineyard space

Yealands Family Wines has added a further 266 hectares to what is already New Zealand's largest vineyard.

The company has spent NZD4.35m (US$3m) on an adjacent farm to its home site of Seaview Vineyard in Marlborough's Awatere Valley sub-region. The purchase will add volume to the namesake Yealands brand.

"This is our tenth vineyard site and gives us roughly 1,500 hectares," MD Peter Yealands told just-drinks. "We have paid more for some blocks but that was in 2007, before the depression.

"We have expanded the winery every year and it can handle increasing volumes. There is a shortage of vineyard land in Awatere although there are blocks available without water. This additional site has water. It will be a lovely rolling vineyard."

Peter Yealands is a 15% shareholder in Yealands Family Wines, 80% of which is held by local electricity provider Marlborough Lines.

Earlier this year, just-drinks caught up with Peter Yealands at the ProWein exhibition in Germany.