Luis Felipe Edwards Wines, a Chile-based family-owned company, has purchased 700ha of property in Pumanque region near Colchagua Valley of Chile.

The property, which is bordered by Nilahue estuary and lies close to the Pacific Ocean, has complex array of soils and cooling influence of the ocean that is ideal for growing grapes.

The new vineyard site is planted with varieties like Sauvignon Blanc, Chardonnay, Cabernet Sauvignon, Cabernet Franc, Malbec, Syrah, Riesling and Pinot Grigio, reported Wine

According to Luis Felipe Edwards Wines head viticulturist Eugenio Cox, Pumanque region has strong coastal influence and low summer temperatures, which helps in slow maturation of the grapes.

The slow maturation results in high concentration of fruit, color, aroma and natural acidity in the grapes.

With the acquisition of the land, the company aims to develop a wide range of Chilean wines.

The new investment is part of growth plan for the company, which includes recent planting of 150ha of vineyards in Puquillay Alto, purchase of 160ha vineyards in the coastal Leyda Valley and acquisition of 400ha in the Retiro area of Maule Valley.

It has also invested in building winemaking cellars and expanding the bottling capacity, which made them the fourth largest wine producers in Chile.

Luis Felipe further plans to double the plantings at Pumanque area and increase wine production capacity in the cellar.