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Nashik`s Sula Vineyards has signed an agreement to acquire Chandon’s wine production facility and estate in Dindori in Nashik, in an attempt to pursue the company’s next phase of growth.
Spread across 19 acres in the Maharashtrian city, the estate comprises a highly advanced wine production facility with an annual capacity of 4.5 lakh litres, which is scalable up to 13 lakh litres. The property also features an ultra-premium visitor centre, a banquet facility, and five acres of vineyards, offering a premium immersive wine tourism platform, while also remind people why Nashik is at the centre of wine not only in the state but also India.
Sula will commence operations of the existing hospitality facilities and tasting room upon handover, ensuring continuity without skipping a beat. Additionally, the estate’s strategic location offers key advantages. It is located 20 minutes away from Nashik Airport, which is expected to see increased air traffic and enhanced connectivity ahead of the upcoming Kumbh Mela. Moreover, proximity to Sula’s existing wineries in Dindori enables seamless operational integration.
Following completion, Chandon will cease wine production in India, and wines produced from the estate will be marketed by Sula under its own portfolio, with no ongoing use of the Chandon brand.
Commenting on the acquisition, Rajeev Samant, who is the founder & CEO of Sula Vineyards said, “This is a once in a lifetime opportunity to acquire a truly world-class estate. When I first visited the property, I was immediately struck by its beauty and potential. The team at Chandon has built an exceptional foundation, and we are excited to unlock its full value. Dindori is widely regarded as the home of India’s finest wine grapes, and this acquisition strengthens our presence here.”
Samant adds that they want to build on the success of their flagship wine tourism destination near Gangapur Lake in Nashik, as the vineyard gets over 3 lakh visitors annually, and thus seeing the potential to develop another landmark destination wine resort in Dindori. Leveraging its strategic location and picturesque setting, they believe the estate will play a key role in the next phase of growth for their wine tourism business.
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