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Argentina: Vina San Pedro invests US$20mil in Mendoza.
From:
South American Business Information
| Date:
August 23, 2000
| COPYRIGHT 2000 COMTEX News Network, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group.Copyright information
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Vina San Pedro, the Chilean winery controlled by the Luksic group, is going to expand to new international markets with wines made in Argentina. The company bought 411 hectares and an old winery in Mendoza. They already bought 200 hectares in the area last year. The project will be a US$20mil investment and practically all the wine that they are going to produce in Mendoza will be for export. Matias Elton, General Manager of Vina San Pedro, says that their idea is to make the most o...
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