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Familia Torres will take only a 6% stake as a minority partner in the corporation that represents more than 80 internationally renowned wine and spirits brands. A collaborative agreement that will unite the companies in a strategic move to strengthen the positioning of their brands in the Chinese market.
Torres in China, which germinated in 1999, and ended up becoming one of the most important distributors in the country, now enters a new era in which Summergate, now part of the Wajiu group, will direct a large part of its operations with the aim of expanding its presence in the country through this business synergy.