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Home > Company Index > Food, Beverage & Tobacco > Beverages - Wineries > Federico Paternina, S.A.

Federico Paternina, S.A.
 PROFILE
For dinner or dessert, Federico Paternina fills the glass. The company produces and distributes wine from Spain's famed La Rioja region. Its leading labels include Banda Oro, Conde de los Andes, and Gran Reserva Paternina. Wine provides about 90% of the company's sales, but Paternina also produces gourmet vinegar, as well as brandy, sherry, spirits, and liquors under the Otaola brand. Paternina sells worldwide, but Spain accounts for 84% of revenues. The Eguizábal family bought the seized Federico Paternina vineyards in an auction (from the Spanish government) for a single peseta in 1985; the Eguizábals owns nearly 80% of the company. Paternina started making wine in 1896 and uses cellars dating back to the 1500s.

 COMPETITION
Bodegas Riojanas, S.A. (RIO)
Bodegas y Bebidas, S.A. (BYB)

 FINANCIAL OVERVIEW
Fiscal Year-End: December
1999 Sales (mil.): 85.20
1-Yr. Sales Growth: 16.1%
Employees: 95
Revenue per employee: $896,842.11

 KEY PEOPLE
• Carlos Latas
    CEO
• Rogelio Jiménez
    CFO

 CONTACT INFO
Avenida de Santo Domingo, 11
26600 Haro La Rioja, Spain
Phone: 34-941-310-550
Fax: 34-941-312-778
Online: Web Site

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