Bibendum Sells Argento To Inversora



News: Bibendum Wine has sold Argentina-based wine manufacturer Argento Wine Company to Argentinian wine group Inversora Agroindustrial Sudamericana for an undisclosed amount. Subsequent to the deal, Argento will continue to operate offices in London, Mendoza and Europe. The acquisition of Argento is a significant step in the development of Inversora's global wine business, said Inversora directors Alejandro Bulgheroni and Carlos Pulenta. Inversora owns several hundred hectares of premium vineyards in Argentina's Mendoza Province.

This article is tagged to:
Sector: Food & Drink
Geography: Argentina