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Today's company originated in 1896 when the Spaniard Federico Paternina bought three bodegas in the Rioja area in Ollauri. Among them was the Conde de los Andes, which dates back to the 16th century. In 1920, Paternina acquired a cooperative in Haro, thereby expanding its production considerably. From the 1940s onwards, wine was exported worldwide. In the 1960s the company got into difficulties and was acquired by Rumasa (with the owner Jose Marea Ruiz Mateos). But the problems of Paternina and also of the new owner became even bigger. At the beginning of the 1980s, the heavily indebted company Rumasa and thus Paternina was taken over by the Spanish government. At an auction, Paternina was acquired by Marcos Eguizábal Ramirez in 1985 for a single peseta. The beginning was tough, for example 40,000 boxes of poor quality wine had to be destroyed. In 1990 a new winery was opened in Haro. Until the mid-1990s, good products restored the old reputation. In the meantime, Marco's son Carlos Eguizábal worked for the company. Finally, Paternina went public in 1998. The winery is also part of the company Bodegas Franco Españolas,

The company "Bodegas Internacionales" was founded in 1994 Jerez bought a series of traditional sherry brands such as Bertola, Díez Hermanos, Marqués de Mérito, Bertola and José Pemartín y Cia. Paternina began to step up sherry and Brandy de Jerez to produce and developed into a leading manufacturer.

The new Rioja winery is located in the city of Haro in the center of the Rioja sub-area Rioja Alta, The own vineyards cover 100 hectares of vineyards, but grapes are also purchased on a large scale by cooperatives and winegrowers. 50,000 oak barrels are available for the expansion of the wines. The largest quantities of production are made up of the "Banda Azul", "Banda Rojo" and "Banda Dorada" crianzas (70 to 80% Tempranillo, 10 to 20% Garnacha Tinta, 5 to 10% Mazuelo, up to 5% Graciano). The top products are the Reserva "Viña Vial", as well as the Gran Reservas "Federico Paternina" (65% Tempranillo, 15% Garnacha Tinta, 10% Graciano, 10% Mazuelo) and "Conde de los Andes" (80% Tempranillo, 10% Garnacha Tinta and 10% Mazuelo).

A new bodega in the municipality of Quintana del Pidio near Pesquera de Duero in the region Castile and Leon was put into operation in 2000. The vineyards in the DO Ribera del Duero cover 41 hectares of vineyards in Quintana del Pidio, Gumiel de Mercado and in Gumiel de Izán. An expansion to a size of 100 hectares is planned. The wines have been marketed under the Marqués de Valparaiso label since the 2004 vintage.

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