Leading Chilean wine producer Concha y Toro managed to increase consolidated sales by 28% year-on-year during Q3.

Leading Chilean wine producer Concha y Toro has reported that Q2 consolidated sales grew 16.5% in difficult trading conditions.

Concha y Toro, the largest wine producer in Latin America, is committed to developing and improving the Californian wine producer, Fetzer, which it bought from Brown Forman in March 2011.

Brown-Forman has sold its Fetzer wine business to Concha y Toro for US$238 million. The transaction is expected to close in April 2011.

Concha y Toro, the largest wine producer in South America, has announced a deal with the Manchester United for its wine brands to become the official wine of the world famous football club.

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Nick Strangeway

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