Wine & Viticulture Switzerland: 4–7× EBITDA, 2,507 Firms (2026)

1.0Market Snapshot

2,507: Grape growers and wine estates (2,325) and wineries (182) in 2024 (BFS STATENT, NOGA 01.21.01, 01.21.02 and 11.02). Wine merchants and importers are not included.
12,022: Employees in these businesses in 2024 (BFS STATENT), 7,405 full-time equivalents: much of the work is seasonal or part-time.
+0.5%: Employment change from 2020 to 2024 (BFS STATENT), while the number of businesses fell 7.4%. Since 2011 the number of businesses has fallen 28.4%.
14,432 ha: Swiss vineyard area in 2025, 52 hectares less than in 2024 (BLW, March 2026).
37.5%: Share of Swiss wine in total wine consumption in Switzerland in 2025, up two points (BLW, April 2026).

According to Val Index analysis of Swiss commercial-register and federal data (2026), Switzerland counts 2,507 wine & viticulture companies — Grape growers and wine estates (2,325) and wineries (182) in 2024 (BFS STATENT, NOGA 01.21.01, 01.21.02 and 11.02). Wine merchants and importers are not included..

2.0Industry Overview

Market Scope

BFS counted 2,507 grape-growing and wine-making businesses with 12,022 employees in 2024 (STATENT), 28.4% fewer businesses than in 2011 but about the same number of jobs: the sector is concentrating into fewer, larger estates. Switzerland had 14,432 hectares of vineyards in 2025, 52 fewer than a year earlier. The 2025 harvest was 82 million litres, 9.3% more than the very poor 2024 harvest but 9 million litres below the ten-year average of 90 million; Western Switzerland produced 64.4 million litres, German-speaking Switzerland 13.7 million and Italian-speaking Switzerland 3.4 million. No official market value for Swiss wine is published.

3.0Industry Health Check (SWOT)

Internal factors

Strengths4

Distinctive terroirs and local grape varieties

Weaknesses4

High labour costs on steep slopes→ §5.0

External factors

Opportunities4

Premium and direct sales to consumers

Threats4

Falling wine consumption (−3.3% in 2025)→ §4.0

Sector Outlook

DefensiveBalancedGrowth

4.0Key Trends

Wine consumption falls

3.3%

Swiss wine consumption fell 3.3% to 211.2 million litres in 2025 after a fall of about 8% in 2024 (BLW, SRF).

Swiss wine gains share

2.3%

Consumption of Swiss wine rose 2.3% to 79.2 million litres in 2025, lifting its share to 37.5%, while imports fell 6.4% (BLW, April 2026).

Large buyers cut intake

CHF 6 million

Provins lost almost CHF 6 million in 2025 and has cut its intake by 270 hectares since 2020; Schenk will not, or only partly, buy the 2026 harvest of about 250 growers (SRF/RTS, WRS).

Fewer, larger estates

Grape-growing and wine-making businesses fell from 3,503 in 2011 to 2,507 in 2024, while employment held at about 12,000 (BFS STATENT).

Recovery after a poor harvest

9.3%

The 2025 harvest rose 9.3% to 82 million litres after the very poor 2024 vintage, but stayed below the ten-year average of 90 million (BLW, March 2026).

5.0Cost Structure Benchmark

35%

25%

15%

10%

Vineyard and grapes35%
Personnel25%
Cellar, bottles and packaging15%
Marketing and distribution15%
EBITDA margin10%

Indicative split for a Swiss wine estate or cellar, not a measured figure: Swiss wineries do not publish their margins.

6.0Top Wine & Viticulture Companies in Switzerland

Name	Location	Key Facts
PROVINS SACHE-106.624.352	Sion VS	PROVINS SA: Valais's largest wine producer, registered in Sion, formerly the Provins cooperative of Valais producer cellars, several of which it has absorbed; fenaco has been its main shareholder since 2020. It processes more than one in ten Valais grapes and reported a 2025 loss of almost CHF 6 million.
Schenk Suisse S.A.CHE-102.308.975	Rolle VD	Schenk Suisse S.A.: wine merchant registered in Rolle (formerly Schenk S.A.), part of Schenk Holding SA; it has absorbed estates and merchants including Bolle & Cie, Château de Vinzel and Domaine du Martheray. It told about 250 growers in Vaud and Geneva that it will not, or only partly, buy their 2026 harvest.
CAVE DE LA CÔTE société coopérativeCHE-106.858.878	Tolochenaz VD	CAVE DE LA CÔTE société coopérative: wine-growers' cooperative registered in Tolochenaz (formerly Uvavins), which has absorbed several regional cellars and Bourgeois Vins S.A. It does not publish figures.
CAVES ORSAT S.A.CHE-105.975.369	Martigny VS	CAVES ORSAT S.A.: wine merchant and wine estate operator registered in Martigny (formerly Valcave SA). It does not publish figures.
Henri Badoux SACHE-350.249.968	Aigle VD	Henri Badoux SA: producer and seller of Swiss and foreign wines, registered in Aigle. It does not publish figures.
GIALDI VINI SACHE-106.977.098	Mendrisio TI	GIALDI VINI SA: producer of Ticino wines and wine merchant, registered in Mendrisio. It does not publish figures.
Rimuss & Strada Wein AGCHE-439.973.281	Hallau SH	Rimuss & Strada Wein AG: processor and seller of grapes, wines and grape juice, registered in Hallau (formerly Rimuss- und Weinkellerei Rahm AG). It does not publish figures.

PROVINS SA

CHE-106.624.352

Sion VS

PROVINS SA: Valais's largest wine producer, registered in Sion, formerly the Provins cooperative of Valais producer cellars, several of which it has absorbed; fenaco has been its main shareholder since 2020. It processes more than one in ten Valais grapes and reported a 2025 loss of almost CHF 6 million.

Schenk Suisse S.A.

CHE-102.308.975

Rolle VD

Schenk Suisse S.A.: wine merchant registered in Rolle (formerly Schenk S.A.), part of Schenk Holding SA; it has absorbed estates and merchants including Bolle & Cie, Château de Vinzel and Domaine du Martheray. It told about 250 growers in Vaud and Geneva that it will not, or only partly, buy their 2026 harvest.

CAVE DE LA CÔTE société coopérative

CHE-106.858.878

Tolochenaz VD

CAVE DE LA CÔTE société coopérative: wine-growers' cooperative registered in Tolochenaz (formerly Uvavins), which has absorbed several regional cellars and Bourgeois Vins S.A. It does not publish figures.

CAVES ORSAT S.A.

CHE-105.975.369

Martigny VS

CAVES ORSAT S.A.: wine merchant and wine estate operator registered in Martigny (formerly Valcave SA). It does not publish figures.

Henri Badoux SA

CHE-350.249.968

Aigle VD

Henri Badoux SA: producer and seller of Swiss and foreign wines, registered in Aigle. It does not publish figures.

GIALDI VINI SA

CHE-106.977.098

Mendrisio TI

GIALDI VINI SA: producer of Ticino wines and wine merchant, registered in Mendrisio. It does not publish figures.

Rimuss & Strada Wein AG

CHE-439.973.281

Hallau SH

Rimuss & Strada Wein AG: processor and seller of grapes, wines and grape juice, registered in Hallau (formerly Rimuss- und Weinkellerei Rahm AG). It does not publish figures.

Companies are listed when they are confirmed in the commercial register, have a significant Swiss presence in this niche and at least one sourced fact.

7.0Succession & M&A Context

Vineyards change hands, buyers are cautious

2,507: grape-growing and wine-making businesses in 2024 (BFS STATENT)
82m litres: 2025 harvest, +9.3% (BLW)
−3.3%: Swiss wine consumption in 2025 (BLW)
4.0–7.0×: EBITDA deal multiples (ValIndex multiples table)

Most Swiss wine estates are small family businesses, and the number of businesses has fallen by more than a quarter since 2011 as growers stop and neighbours take over their vineyards. With large buyers such as Provins and Schenk cutting their grape intake, growers who sold grapes to them must find a buyer, bottle and sell their own wine, or give up. Buyers pay for vineyard location and appellation, a brand and loyal private customers, cellar equipment and stock, and discount for unsold stock, dependence on a single grape buyer and an ageing owner. ValIndex's multiples table puts wine and viticulture at 4.0–7.0× EBITDA in transactions and 3.0–5.0× on statutory valuations.

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Valuation Snapshot

Wine & Viticulture business valuation in Switzerland

Statutory Multiple (EBITDA): 3.0 - 5.0×
Deal Multiple (EBITDA): 4.0 - 7.0×
Market Trend: Stable

Indicative ranges based on market research. Actual multiples vary by company size, growth, and market conditions.

8.0Regional Clusters

Western Switzerland

VDGEFRVSNEJU

1,525 businesses with 8,369 employees in 2024 (BFS STATENT), 60.8% of the national total; Valais has 754 and Vaud 551. The region produced 64.4 million litres in 2025.

Eastern Switzerland

SGTGGRSHARAIGL

327 businesses with 1,312 employees; Schaffhausen (109) and Graubünden (123) lead, and Rimuss & Strada is in Hallau.

Ticino

251 businesses with 745 employees; Italian-speaking Switzerland produced 3.4 million litres in 2025 (−8.1%).

Zurich

134 businesses with 520 employees.

Northwestern Switzerland

AGBLBS

111 businesses with 476 employees.

Bern and Solothurn

BESO

77 businesses with 331 employees.

Central Switzerland

LUSZZGOWURNW

44 businesses with 247 employees.

Sources

BFS STATENT — institutional units, employees and FTE by NOGA type and canton, 2011–2024 (NOGA 01.21.01 grape growing, 01.21.02 growing with own cellar, 11.02 wine making)BLW / Federal Council — Das Weinjahr 2025: Konsum von Schweizer Wein nimmt trotz rückläufigem Markt zu (21 April 2026)SRF — Wein-Statistik 2025: Entgegen dem Markt trinken Schweizer mehr einheimische Weine (21 April 2026)blue News / Keystone-SDA — Dank gutem Wetter ist Weinjahrgang 2025 von «vorzüglicher» Qualität (3 March 2026)SRF / RTS — Krise in der Weinbranche: Grosser Walliser Weinproduzent gibt Rebberge in Bauzonen auf (1 May 2026)WRS World Radio Switzerland — Winegrowers face another blow (2 February 2026)BLW — Obst- und Weinstatistiken (annual reports "Das Weinjahr")Zefix — Swiss Central Business Name Index (seats, former names and takeovers of PROVINS SA, Schenk Suisse S.A., Cave de la Côte, Caves Orsat S.A., Henri Badoux SA, Gialdi Vini SA and Rimuss & Strada Wein AG)

Alain Walder, M.A. HSG · ValIndex|Data as of 2026-10|8 sources cited

9.0Frequently Asked Questions

▶How much is a wine estate or winery worth in Switzerland?

ValIndex's multiples table puts Swiss wine and viticulture at 4.0–7.0× EBITDA in transactions and 3.0–5.0× EBITDA on statutory valuations. Estates with strong appellations, their own brand and private customers sit at the upper end; vineyard land is often valued separately.

▶What drives the value of a Swiss wine estate?

Buyers price: (1) vineyard location and appellation; (2) brand and direct customers; (3) stock and its quality; (4) cellar equipment; (5) independence from a single grape buyer; (6) the owner's role.

▶How big is the Swiss wine sector?

BFS counted 2,507 grape-growing and wine-making businesses with 12,022 employees in 2024 (STATENT). Switzerland had 14,432 hectares of vineyards in 2025 and harvested 82 million litres; consumption was 211.2 million litres, 37.5% of it Swiss wine. No official market value is published.

▶Who are the main Swiss wine producers?

Leading producers and cellars include Provins in Sion (majority-owned by fenaco), Schenk in Rolle, Cave de la Côte in Tolochenaz, Caves Orsat in Martigny, Henri Badoux in Aigle, Gialdi Vini in Mendrisio and Rimuss & Strada in Hallau.

▶What are the key trends in Swiss wine?

Five trends: (1) falling wine consumption; (2) Swiss wine gaining share; (3) large buyers cutting their grape intake; (4) fewer, larger estates; (5) recovery after the poor 2024 harvest.

▶What are the main risks when buying a Swiss wine business?

The main risks are: (1) falling consumption; (2) import competition; (3) losing a grape buyer; (4) unsold stock; (5) weather and pests. Due diligence should check sales by channel, stock levels and ageing, grape contracts, vineyard leases and the condition of the cellar.

▶Why are Swiss wine buyers refusing grapes?

Consumption has fallen two years in a row and large buyers have too much wine. Provins lost almost CHF 6 million in 2025 and cut its intake by 270 hectares since 2020; Schenk told about 250 growers in Vaud and Geneva it will not, or only partly, buy the 2026 harvest.

▶Where are Swiss wine businesses located?

Using BFS figures for 2024: Western Switzerland has 1,525 grape-growing and wine-making businesses (8,369 employees), led by Valais (754) and Vaud (551), followed by Eastern Switzerland (327; 1,312), Ticino (251; 745), Zurich (134; 520), Northwestern Switzerland (111; 476), Bern and Solothurn (77; 331) and Central Switzerland (44; 247).

Wine & Viticulture