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ARGENTINA’S O FOURNIER ESTATE SOLD TO FINCA AGOSTINO
Mar 27, 2018
(TDB) - Argentina’s O Fournier winery, founded by the Ortega Gil Fournier family in 2000 and known for its striking circular stainless architecture, has been sold to the Agostino winemaking family for an undisclosed sum.
The sale includes the winery, vineyard and O Fournier brand, which will be controlled by the Canadian-Argentine winemaking family of Finca Agostino, which already has a winery and 305-hectare (754 acre) vineyard in Barrancas in Maipu, Mendoza, and a (124 acre) 50ha vineyard, Finca La Serafina, in the Uco Valley’s La Consulta.
Finca Agostino was founded by brothers Vincenzo, Rosalía, Sebastián and Miguel, who grew up in Mendoza but settled in Canada in the 1960s, before returning to their home country in 2003 to realise their winemaking ambitions.
The family’s purchase of the 263ha O Fournier estate and vineyard will see the family almost double its total vineyard property to just over 600ha.
Speaking to LosAndes.com, the family confirmed it had purchased the property with plans to carry on the use of its name and the expansion of its established brands, which includes Urban, Urban UCO, AlfaCrux, O. Fournier and B. Crux.
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