Spanish wine group Codorniu has embarked on a major expansion in Rioja through its majority-owned subsidiary, Bodegas Bilbainas, according to its chief executive, Javier Pages.
The investment involves the acquisition of 30 hectares of land in Haro in La Rioja Alta, adjacent to the Bodegas Bilbainas vineyard, Pages told Decanter.com in an interview. Bodegas Bilbainas produces three Rioja wines: Vina Pomal, La Vicalanda and Vina Zaco.Pages said the 30 hectares of additional terrain would be mainly used to produce Tempranillo, but also Garnacha and Graciano grape varieties.The current Bilbainas vineyard has 250 hectares of vines grown in a mild, Atlantic climate near the Ebro River and two mountain ranges. 'In terms of acquisitions, this will be the most vital one this year,' Pages said. '[Bodegas Bilbainas] does very well for us,' he said.For the six months to the end of December 2014, Bilbainas augmented sales by 13.5% on the same
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