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Vintae takes 90% stake in Bodegas Riojanas after court approval
- Vintae's holding company Gevisa Wine Capital completed acquisition of Bodegas Riojanas, Rioja, after Commercial Court No. 6 of Logroño registered the restructuring plan.
- Gevisa acquired 90% stake through €12 million investment using capital reduction and debt capitalisation, with additional €5 million financing facility available.
- Bodegas Riojanas retains publicly listed status and will trade on Spanish continuous market after final CNMV share admission process.
- Ricardo Arambarri Pérez appointed chairman and Fernando Martínez Sampedro became CEO under new board structure, with two independent directors to join in September.
- Vintae's portfolio now includes Bodegas Riojanas, Bodegas Torreduero in Toro, Bodegas Viore in Rueda, and 56% stake in Veiga Naúm in Rías Baixas.