THE BUYSIDE: Indian Wine M&A No Longer Chilled

December 2011
Mergers & Acquisitions Report;12/5/2011, Vol. 24 Issue 49, p5
The article reports on the merger between Valle de Vin Private Ltd. and Grover Vineyards Ltd. to create the second largest wine company in India. The merger indicates that winery deal trends is not exclusive to the U.S. as some wine companies, particularly in India are faced with their share of trouble. It cites the bankruptcy rumors around Indage Vintners and threats of native farmers to uproot their vineyards due to the complex Indian tax laws and influx of wines from European countries.


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