Bodega Del Fin del Mundo is 50% owned by the Eurnekián family (“Corporación América”). Florencia Peacock, NQN’s press spokeswoman, confirmed this news: “NQN went from being a family business to a much larger company. Its owner, Luis María Focaccia, decided to sell entirely the firm.”
Both NQN and Del Fin del Mundo are located in San Patricio del Chañar (Neuquén). NQN boasts 160-hectare vineyards, a winery with a capacity of 1.8 million liters, a newly opened inn, and 850 hectares intended for future plantations. The winery markets the following brands: Malma, Malma Reserva, Colección NQN, and Picada 15, among others.
On the other hand, Bodega Del Fin del Mundo started making wine in 2003, when it opened the winery’s building. Since then, it has steadily grown and it currently produces around 9 million liters of wines, being sold in the domestic market and exported to over 34 destinations.
Julio Viola, founder and partner of Bodega Del Fin del Mundo, highlighted: “by means of this acquisition, we want to strengthen our presence in the market as well as foster NQN’s brands both in domestic and foreign markets, consolidating ourselves as the emblematic Patagonia’s winery”.
Viola confirmed that there will be no “absorption” of companies; NQN will remain as “an independent business unit with its current staff and consultants. Of course, the idea is to strengthen it with our commercial structure and develop its brands that have an incredible potential.”
In addition, Matías Gainza Eurnekián, head of this project at Corporación América, maintained that this gamble on growth goes hand in hand with the firm’s strategy, which consisted of investing during 2011 in equipment and expanding the winery capacity by 1 million liters.”