Winestone Group completed the acquisition of a majority stake in Quinta De Pancas.

Winestone Group, a Portuguese wine company, completed the acquisition of a majority stake in Quinta De Pancas, a wine estate. Financial terms were not disclosed. "The acquisition of this new asset fuels our ambition and allows us to strengthen our portfolio, which strives, first and foremost, for excellence, differentiation, and the unique characteristics of our wines. Pancas allows us to achieve our mission: to exceed consumer expectations, whether in Portugal or in the many demanding international markets in which we are present,” Pedro Pereira Gonçalves, WineStone CEO.