$15 million vineyard investment plan.
The acquisition of Bodega Universo Austral in Neuquén and vineyards in the province of Río Negro, Patagonia, means VC adds two new brands to its portfolio - Calafate (rrp £6.99) and Chaltén (rrp £7.99-8.99). The ranges will include Chardonnay, Sauvignon Blanc, Pinot Noir and Malbec.
Chief executive Jorge Goles said: "Since VC is the first Chilean enterprise to invest in the region, it intends to position itself as a strong leader of fine wine production in cool-climate terroir, in the southernmost region of the world."
Goles predicts the investment means VC will become "the main Chilean exporter of Gran Reserva Pinot Noir and Malbec within the next five years".