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  • ABOUT
    • Gama
    • Our Network
    • Media
  • PRODUCTS & SERVICES
    • Gama Compass
    • Gama Field Services
    • Gama Market Entry
  • CATEGORIES
    • Food
    • Alcoholic Drinks
    • Non-Alcoholic Drinks
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  • NEWS & INSIGHTS
    • Global News
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Penaflor

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1 MIN READ

Argentina: Diageo sells wine interests to Grupo Penaflor

November 11, 2015
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Alcoholic Drinks, Latin America, Mergers & Acquisitions

Global spirits firm Diageo has announced that it has agreed the sale of its wine interests in Argentina to Grupo Penaflor. The sale includes the Navarro Correas and San Telmo wine brands, together with production sites and vineyards. Grupo Penaflor is the largest wine producer in Argentina and one of the 10 largest globally, with a brand portolio that includes Finca Las Moras and Trapiche. In addition to the purchase, Diageo said Penaflor …

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