Concha y Toro becomes world’s biggest vineyard

Chile’s Concha y Toro has become the biggest vineyard owner in the world following Treasury Wine Estate’s sale of its Asti Winery assets. According to Treasury’s annual financial report for 2014, the group owned 10,781 hectares of vineyards, just over 30ha more than Concha y Toro’s total vineyard holding of 10,750ha – which includes the company’s 9,133ha in Chile, 1,154ha in Argentina and 463ha in the US, where it owns Fetzer and Bonterra.