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Prominent Chilean Farm Purchases Vinery US

Thursday, 17th October 2013

The Thoroughbred breeding arm of one of Chile's largest conglomerates has purchased Vinery Stud in Kentucky, reports bloodhorse.com. According to a real estate agent involved in the sale, Haras Don Alberto, a subsidiary of Bethia Holding, purchased the 440-acre property from international owner/breeder Tom Simon on Oct. 11. Simon, a retired corporate attorney who lives in Frankfurt, Germany, has had the farm on the market since August last year. He also owns a breeding farm in Australia that is not for sale. The Kentucky sale was handled for Vinery by Prudential agents Pam and Bill Michul, who said that the new owners "have not discussed with us what they would do with it." The purchase price is reported to have been $13.82 million. The sale follows that of Simon's 220-acre Vinery training centre near Ocala, Florida last year, which was purchased by Barbara Banke's Stonestreet Farm and renamed the Stonestreet Training and Rehabilitation Center.

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