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Americans Are Thirsty for the New Zealand Wine Business

April 18, 2014

Wine lovers in the United States are drinking more New Zealand wines than ever, with double-digit annual percentage increases in the value of imports for the past five straight years. As demand increases, investors are also developing a taste for Kiwi wine. Recent acquisitions in the New Zealand wine market by two U.S.-based major players-Foley Family Wines and Terroir Selections-signal an increasing confidence in the wines' future.