Deal #795

Location

Location #1

Spatial accuracy level
Administrative region
Location
Maule Region, Chile

Target country
Chile
General info

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
Investor info

Operating company

Operating company
Miguel Torres Chile (#35417)
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 sources

Data source #1

Data source type
Media report
URL
http://diario.latercera.com/2011/03/23/01/contenido/negocios/10-63339-9-vina-miguel-torres-enfoca-su-estrategia-de-crecimiento-en-los-vinos-premium.shtml
File
Date
2011-01-01

Data source #2

Data source type
Media report
URL
http://elpais.com/diario/2009/10/04/negocio/1254660745_850215.html
File

Data source #3

Data source type
Company sources
URL
http://migueltorres.cl/miguel-torres-seccion.php?id=1
File

Data source #4

Data source type
Company sources
URL
http://migueltorres.cl/detalle.php?id=10&tipo=2
File

Data source #5

Data source type
Company sources
URL
http://migueltorres.cl/detalle.php?id=15&tipo=2
File
Produce info

Detailed crop, animal and mineral information

Crops area
Grapes

Use of produce

Has export
Yes
Overall Comment

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.
History (4 versions)

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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