Deal #795

Location #1

Spatial accuracy level
Administrative region
Location
Maule Region, Chile

Target country
Chile

Land area

Size under contract (leased or purchased area, in ha)
[2015] 406
Size in operation (production, in ha)
[2015] 406

Intention of investment

Intention of the investment
Food crops

Nature of the deal

Nature of the deal
Outright Purchase

Negotiation status

Negotiation status
[2003] Concluded (Contract signed)

Implementation status

Implementation status
[2003] In operation (production)

Contract farming

Contract farming
No

Operating company

Operating company
Comment on investment chain
In one part of its website, Torres (an old familiar entreprise with global strategy) says to own over 1300 ha of vine; in other part, it says to own thousands of hectares in Spain. To be located in Chile is a strategy to conquest foreign markets. Torres wants to occupe the niche market of fair trade too.

 

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Data source #1

Data source type
Media report
File
Date
2011-01-01

Data source #2

Data source type
Media report
File

Data source #3

Data source type
Company sources
File

Data source #4

Data source type
Company sources
File

Data source #5

Data source type
Company sources
File

Detailed crop, animal and mineral information

Crops area
Grapes

Use of produce

Has export
Yes

Overall comment

Overall comment
Import of error check - Reviewer's overview comment: I didn't find the areas owned in Chile in the company's website but the article from Diario La Tercera seems to be serious.

April 22, 2016, 9:43 p.m.

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Jan. 21, 2016, 6:13 p.m.

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March 21, 2013, 12:31 a.m.

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Feb. 15, 2013, 5 p.m.

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