Achaval Ferrer, which was founded in 1998 and acquired in 2011 by SPI Group, announced that it has acquired Melipal Winery located in Agrelo, Mendoza.
Established in Mendoza, Achaval Ferrer is among the pioneers of bringing the Malbec varietal to the world while implementing a long-standing commitment to the highest international standards of sustainable viticulture, the company says. The winery also has a complete environmental plan and corporate social responsibility program that results in high-quality wines, it adds. Achaval Ferrer’s current portfolio consists of three tiers of wines: Fincas, single vineyard handcrafted wines; Quimera, the single blend produced at the winery; and the Mendoza line, with Malbec, Cabernet Sauvignon and recently, Cabernet Franc.
According to the company, the acquisition of the Melipal winery and vineyards complements the Achaval Ferrer portfolio and enables a capacity to enter new markets. The acquisition also includes the historic Las Nazarenas Malbec vineyard, planted in 1923, which reinforces the commitment of the bodega to produce unique wines.
Founded in 2003, Melipal Winery owns 74 hectares of vineyards in Luján de Cuyo, the cradle of the most ancient Malbec ungrafted vineyards in Mendoza, an extremely modern winery and a portfolio that includes two main brands: Melipal and Ikella, the company says.
Terms of the transaction were not disclosed. BI