Focus - Growing Pains for Chilean Wine
Focus - Growing Pains for Chilean Wine
Jul 11, 2011
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Chile's wine industry is facing enforced consolidation due to pressure on wineries' profitability, but the country's longer-term future looks much brighter.
Concha y Toro's purchase of Fetzer Vineyards has thrust Chile's wine industry further into the spotlight this year. Amid Australia's bloated production and Constellation Brands' isolationist strategy, Concha y Toro's purchase of Fetzer is something of a rarity in 2011.
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