VSPT Wine Group has seen an 11% increase in sales for Q2 to maintain its number one spot in the Chilean market.

South American wine producer VSPT Wine Group posted a 27.6% sales increase during the first quarter of 2021 in spite of poor exchange rates.

The CEO of the VSPT Wine Group, Pedro Herane, has become a new board member for Wines of Chile, the trade association which represents viticultural producers in Chile.

Chinese distiller, the Yanghe Distillery Company, has bought a 12.5% stake in the VSPT Wine Group, Chile’s second largest wine producer and exporter.

Digital Edition

Drinks International digital edition is available ahead of the printed magazine. Don’t miss out, make sure you subscribe today to access the digital edition and all archived editions of Drinks International as part of your subscription.

Comment

Ben Branson

Making the pitch for a wider listings reach

In April it was announced that Ben Branson’s Pollen Projects, the parent company of his Sylva and seasn non-alcoholic brands, had joined UK distributor Speciality Brands. Off the back of this news, Branson offers advice aimed at those seeking distribution.

Instagram

Facebook