ANDES WINES LAUNCHES WINE PRIVATE EQUITY WITH PAN AMERICAN REAL ESTATE GROUP

In a joint venture with Pan American Real Estate Group, Andes Wines, a Santiago-based strategic wine management and media company, is launching the first wine private equity service in Chile.

The objective of the venture’s first stage will be to allocate $20 million of private investment dollars to Chilean vineyards with medium-term growth potential, strengthen the vineyards through strategic management over a period of two to five years, and then sell them at a higher value. This process will benefit investors, vineyards and the larger Chilean wine market, growing the prestige of this already-burgeoning industry.

Investment strategy will be headed up by Sebastián Hoppe, investment director of Andes Wines, and Pamela Villablanca, international wine manager of Andes Wines. The company was founded 10 years ago by general manager Max Morales and has since gained a reputation as a significant player in several aspects of the Chilean wine industry.

“We are very excited about our relationship with Andes Wines,” Matt Scoggins, marketing consultant at Pan American Real Estate Group, said. “Timing is everything. With the continued growth of the region, as well as the expanding global market for quality grapes and wine, we believe our clients will be properly positioned to take advantage of this exciting and unique opportunity.”

Andes Wines will offer multiple methods of investment, including “turnkey” investments in existing vineyards and “start-up” investments in vineyards that are just getting off the ground. Investors will be able to put their money into multiple aspects of the vineyards, from the land to the varietal, making the opportunity entirely personalized to each investor’s convenience.

Morales underscored the attention and expertise that Andes Wines will offer to investors. More than just another addition to the client’s portfolio, the company will provide support during all parts of the process.

“This is not a transaction; it’s a partnership,” Morales said.

Scoggins believes this venture will be of special interest to his clients who are looking for an opportunity off the beaten path.

“Chile is an extremely ‘hot’ market right now,” Scoggins said. As an emerging market, Chile’s budding growth is exciting for investors. Scoggins is keen to share that potential with his clients. “We have the ability and desire to market this unique investment opportunity, and marry some of our investors with Andes Wines.”

Scoggins added: “This is truly something special.”

Andes Wines
andes@andeswines.com
(56) 2-3702997
twitter: @andeswines.com