Notified on 11 January 2010, this merger operation consists of the acquisition, by Sociedade Agrícola e Comercial do Varosa SA (Murganheira), of exclusive control of the companies Caves da Raposeira SA (Raposeira) and Tapada do Chaves - Sociedade Agrícola e Comercial SA (TC), by means of its acquisition of the shares representing 80% of their registered capital.