Leading Spanish winery González Byass is growing its portfolio, picking up the Fournier winery in Ribera del Duero. This includes both the winery and its vineyards, in La Finca El Pinar. This new acquisition expands over 80 hectares, 50 of which are vineyards. The vines vary in age from 30 to 70 years old.
The company’s goal, according to thedrinksbusiness.com, is to “strengthen its position as a key player on the Spanish wine scene” with this new winery. It’s also hoping to better “represent the diversity of Spain’s viniculture. We have long harbored a desire to have a winery in Ribera del Duero and the fit between the two companies was perfect,” they said, according to harpers.co.uk.
DO Ribera del Duero is one of Spain’s leading wine regions, and it’s primarily known for red wines made with Tempranillo grapes, and 80% of grapes are hand-picked there. It also accounts for 16% of the red wine market.
The company currently owns wineries in many of Spain’s leading wine regions, including Castilla, Somontano, Rueda, Cava, Rioja, Rías Baixas and Penedès. It also owns wineries outside Spain, specifically in Chile and Mexico. It’s also working on another important project this year: it will be inaugurating the world’s first luxury sherry hotel, in Jerez.