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Molinos Agrees to Buy Bodega Etchart From Pernod Ricard

The purchase gives Molinos its first major foothold in Cafayate’s high‑altitude Valles Calchaquíes and expands its multi‑brand wine platform while the sale awaits standard regulatory clearances.

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Bodegas Etchart pasó a manos de Molinos Río de la Plata
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Overview

  • Molinos Río de la Plata announced Tuesday that it reached an agreement to acquire Bodega Etchart from Pernod Ricard Argentina, including certain assets, brands and personnel.
  • The companies notified the transaction to market regulators (CNV, BYMA and A3) and said the deal still depends on the usual authorizations and conditions before it closes.
  • Etchart, founded in 1850 in Cafayate, owns more than 400 hectares of vineyards around 1,700 meters above sea level and is known for Torrontés and other high‑altitude varietals.
  • The acquisition brings Etchart and Cafayate labels into Molinos’ Fincas & Bodegas portfolio, which already includes Nieto Senetiner, Cadus, Ruca Malen and its stake in Viña Cobos.
  • Analysts and reports frame Pernod Ricard’s sale as part of its global asset reshuffle and see Molinos’ move, following its recent NotCo purchase, as a push to diversify geography and climb the value ladder in wine.