Chilean Winery Invests in Land in Patagonia

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Mendoza may be known as the quintessential Argentine wine haven, but Patagonia’s status as an up-and-coming wine region was confirmed earlier this month when a Chilean winery bought large tracks of land there. According to Wine Spectator, Chilean-based VC Family Estates (formerly Viñedos y Bodegas Córpora) bought the Bodega Universo Austral along with 700 acres of vineyards, which straddle both the Neuquén and Rio Negro provinces. They paid a total of 15 million dollars for the land and are the first Chilean winery to buy land in Patagonia. The CEO of the company said that their purchase reflected their desire to focus on cooler-climate areas to make varieties such as Pinot Noir and Chardonnay. Having already invested in Southern Chile, crossing over into Argentine Patagonia seemed like the logical next step.

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AWToday 30/10/08 « AWToday on October 30, 08

[...] Chilean Winery Invests in Land in Patagonia By Gwen E. Kirby Mendoza may be known as the quintessential Argentine wine haven, but Patagonia’s status as an up-and-coming wine region was confirmed earlier this month when a Chilean winery bought large tracks of land there. … Argentina’s Travel Guide – http://argentinastravel.com/ [...]

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