Overview
- The winery confirmed on October 31 that it requested a concurso preventivo in Mendoza and said it will continue operating while the case proceeds.
- Central Bank records show 108 rejected checks totaling ARS 1.442 billion, with some later canceled, while media reports diverge on overall debt from roughly ARS 1.166 billion to about ARS 44 billion.
- Norton’s scale—about 1,200 hectares under control, work with around 140 partner growers, and exports to 70-plus markets—has sparked industry warnings about potential knock-on effects for suppliers and regional jobs.
- The filing comes during a difficult market for Argentine wine, with the INV reporting a 17% year‑over‑year drop in domestic consumption in August, import growth of over 400% in 2024, and private data showing alcoholic beverages down 6.8% in volume this year.
- Leadership turnover preceded the move, with Tomás Lange appointed CEO in July 2025 after earlier changes, following months of payment delays and mounting financial pressure.