Argentine Oil and Wine Magnate Buying Renwood Winery

July 6, 2011

An Argentine investment group led by Alejandro P. Bulgheroni — that country’s richest billionaire — has agreed to pay $6,950,000 to buy Renwood Winery’s brand, inventory, winemaking machinery and other assets, but not the real estate. As previously reported by Wine Industry Insight, the bankrupt winery is scheduled to be sold at auction on July
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