Spanish Wine Bubbles In The US After Acquisition

Spanish Wine Bubbles In The US After Acquisition

Spanish Wine Bubbles In The US After Acquisition

Spanish wines are fast becoming the preferred choice of discerning gourmets across the world and can be found in supermarkets and restaurants from London to Tokyo. Best known for its plummy reds from the north east provence of La Rioja, Spain is now gaining a reputation for its dry white wines from the Castille-Leon central region and its fruity whites from Galicia in the north west.

There are many prestigious vineyards, such as those of winemaker Bodega Numanthia Termes of the Toro region, whose premium reds can retail for hundreds of dollars per bottle. Spain has more land under vine than any country, but it is only in the last few years that wine has become a star export.

Sherry and brandy producer and distributor Gonzalez Byass has been instrumental in putting Spain’s wine on the world map.


Gonzalez Byass has long been known for its iconic Tio Pepe sherry brand, but the company has aggressively grown its table wine business. It also represents more specialist Spanish wineries overseas, such as Matarromera from Ribera del Duero.

The US is a target market for this dynamic group and it has just strengthened its presence there with the acquisition of the Chicago-based wine importer Vin Divino Ltd from the multinational Angelini Group. The US is the biggest wine market in the world in terms of volume and value. Vin Divino represents around 20 European and US wines and its portfolio includes La Rioja’s Bodegas Casa Primicia.

Vin Divino will provide Gonzalez Byass with an opportunity to enhance the profile of Spanish wines abroad. But there is also a lot happening back home!


Spain’s wine industry is very fragmented, and many small wineries have felt the pinch of the economic crisis as bars and restaurants trim their supply needs to meet a decline in custom from cash-strapped locals. The sector is ripe for consolidation as smaller players look for joint ventures or mergers to avoid going to the wall.

Businesses with a good bottled-wine brand and an eye for international expansion are the most likely to find a buyer, according to industry experts. An increasing number of investors are interested in wine production on a large scale and vineyards in Spain are more cost effective as land and property prices are low. But the wine has international prestige.

Do you think Spanish wine is an investment worth uncorking? For more information, contact Argali Abogados.

Leave a Reply