Anheuser-Busch InBev subsidiary lines up Argentina winery acquisition

Imbibe

Imbibe

21 February 2020

A unit of the largest beer company in the world has agreed to purchase the Dante Robino winery in Mendoza, Argentina.

A spokesperson for Anheuser-Busch InBev confirmed to Imbibe that Argentine subsidiary Cervecería y Maltería Quilmes has lined up the transaction.

'We confirm that Cervecería y Maltería Quilmes, our subsidiary in Argentina, closed the signing of the terms for the acquisition of Dante Robino Winery,' the company said in a statement. 'The acquisition is part of the company's plan to better understand and study the wine segment and to continue with the growth of the company's brands portfolio. The transaction still needs to be approved by the local authorities.'

In a translated LinkedIn announcement, Cervecería y Maltería Quilmes president Martín Ticinese said the addition of wine to the company is complementary to its beer business.

‘I'm very happy to add Bodega Dante Robino [to] our family,’ Ticinese said on LinkedIn. ‘We always think about the consumer and our innovations revolve around what they expect: they can be alcoholic beverages, non-alcoholic beverages, water, sodas, flavoured waters or beers.’

He said the deal would allow the company to ‘reach different occasions with different experiences’.

‘This investment is also another example of our commitment to the development of the country and our constant commitment to investing, producing and generating quality employment,’ he added.

Dante Robino is located in Lujan de Cuyo, Mendoza.

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