González Byass buys Chilean winery Veramonte

Gaëlle Laforest

28 June 2016

González Byass has acquired the prestigious Chilean winery Veramonte.

The company bought out the controlling shares of the Huneeus family who founded the winery, and will now have control of its two winemaking facilities and 600 hectares of vineyards spread across regions that include Casablanca, Colchagua and the Apalta Valley.

The González family said: 'By taking this step out of Spanish wine production, we are reinforcing our strategy towards the internationalisation of the company, whilst strengthening both our portfolio of brands and international distribution operation.'

This follows González Byass's acquisition of Rías Baixas winery Pazos de Lusco earlier this year.

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