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Les Grands Chais de France (GFC) has closed two deals in Chile, marking the French wine group’s entry into South America.
According to sources, the company recently announced the acquisition of Vina Las Ninas, which was purchased in 2021, a 40 hectares vineyard based in the Alpata region. That deal was closely followed by another.
“GCF has already bought 150 hectares of vineyards in the Leyda appellation earlier in 2022, which is currently in organic conversion ready for the 2024 harvest,” said Mark Kears, the managing director for Les Grands Chais de France (GCF) in the UK and Ireland.
“The ability to work on more premium organic terroirs like Las Ninas in Colchagua is very exciting and, although we are still just establishing ourselves, GCF has already won an IWC trophy, a gold medal, and six silvers after less than a year of being in Chile. It was a significant commercial opportunity, which offers GCF massive scope to grow and become a strong contender in the Chilean market,” Mark Kears added.
The deal was described as the first major international acquisition, but the terms of the transaction were not disclosed.
Sources: Just Drinks
