Ara Wines in huge land sell-off
New Zealand`s Ara Wines is rumoured to be selling its entire 1,600 hectares of land in Marlborough to Indevin in a deal potentially worth £130 million.
Should the alleged deal be completed, Indevin – which is New Zealand’s largest wine producer – will acquire 600 hectares of vines in the Upper Wairau as well as 1,000ha of adjoining bare land: the biggest single unplanted site in Marlborough.
Read More at source | Drinks Business
