business
Vintae’s restructuring plan for Bodegas Riojanas receives judicial approval
Key takeaways
- In May, Vintae had devised a restructuring plan to buy the Rioja wine business and save it from insolvency.
- The court decision greenlights the proposal to hand a 90% stake in Bodegas Riojanas to Gevisa Wine Capital, the parent company of Vintae.
- "The resolution is final and no appeal may be lodged against it," the filing said.
Vintae’s restructuring plan for Bodegas Riojanas receives judicial approval Vineyard in Rioja region · Just Drinks · Richard Semik/Shutterstock.com Satarupa Bhowmik Fri, July 3, 2026 at 9:18 PM GMT+7 2 min read RIO.MC Spanish wine group Vintae has secured local judicial approval for its restructuring plan of peer Bodegas Riojanas.
In May, Vintae had devised a restructuring plan to buy the Rioja wine business and save it from insolvency.
This plan was then agreed with financial institutions and was approved by Bodegas Riojanas's shareholders the following month.
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