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US: Oil magnate adds Renwood to growing winery portfolio

US: Oil magnate adds Renwood to growing winery portfolio

US: Oil magnate adds Renwood to growing winery portfolio

Aug 12, 2011 , by 6
Californian winery Renwood is the latest multi-million dollar acquisition for oil and gas magnate Alejandro Bulgheroni as he expands his wine business beyond South America. Bulgheroni’s company RAI has paid $6.95 million for the bankrupt Renwood Winery, having already purchased a 25-million litre capacity winery in Mendoza earlier this year.


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