The Schenk Group buys “Finca Casa Lo Alto” increasing their investment in Requena-Utiel

The Schenk Group buys “Finca Casa Lo Alto” increasing their investment in Requena-Utiel
25
Apr

This new project is on top of the restoration of the Cueva de La Villa, which will be finished in the last quarter of this year to coincide with the celebration of the 90th anniversary of Bodegas Murviedro

Valencia, 25 April 2017 – The Schenk Group, one of the leading winery groups in Europe, has once again shown their commitment to the region of Requena-Utiel, with the acquisition of a new winery, “Finca Casa Lo Alto”, in Venta del Moro, a Valencian municipality.  The group’s commitment to create a strong brand reflecting the mediterranean climate and with indigenous grape varieties, has been achieved with the consolidation of Bodegas Murviedro as a reference.

Now the group has gone further with the acquisition of this estate that dates back to 1796, with more than 150 hectares of which 60 are planted with vines, the predominant varieties are Bobal, Garnacha, Chardonnay and international varieties such as Cabernet Sauvignon, among others.  This new project is in addition to the restoration of Cueva de La Villa, which will be operational in the final quarter of this year coinciding with the official celebration of the 90th Anniversary of the winery.

In the words of Marc Grin, Managing Director of Bodegas Murviedro, “For us it is an absolute pleasure to see the Schenk Group’s continued commitment to the region of Requena-Utiel, investing in projects that reflect the true value of the land and caring for local grape varieties. The objective of Murviedro, during the coming year, is to consolidate our position as a winery of reference and continue to create strong brands with added value, where quality is the main differentiating factor. Now we have a new project and much work to organise internally and branding, which we take on with the reassurance that we can count on the confidence that the group has shown in our work”.

About Murviedro

Murviedro, Spanish subsidiary of the Schenk Group well known internationally in the wine industry, this year celebrates its 90th anniversary. The quality of the wines from Murviedro has resulted in the winery being ranked among the top 15 best Spanish wineries in the world rankings of the World Association, Wines & Spirits, Writers and Journalists (WAWWJ), occupying 11th place as a result of the medals and awards won by their wines in the main international wine competitions.  90% of their wines are exported, their key markets being the UK, Switzerland, Germany, Benelux, Scandinavia and Japan.  The winery also continues to pursue its objective to increase its presence in the national market.