Another piece of made in Italy has been sold. Fortunately, this time, the buyer is an Italian company. Marilisa Allegrini, managing director of Allegrini, has bought the remaining 50% of shares of the San Polo di Montalcino wine cellar. The other half had been acquired by Leonardo Locascio, the founder of the Winebow Group. Allegrini, which is one of the largest companies in the Italian wine market, therefore becomes sole owner of San Polo di Montalcino.
Before the sale, the renewed San Polo cellar had been purchased in 2007 by the Winebow Group through a joint venture. The latter is one of the top US players in the import-export trade of fine wine and spirits. Top secret is the amount of the deal, even if according to rumors, we are in the range of 7 to 8 million euro for the sale. So what will Allegrini do? As a whole, “I am really engaged in our territory and when I invest in a wine area I want to get closer and embedded in it.” said Marilisa Allegrini. The reason why I have chosen Brunello di Montalcino is mostly because I love fine and premium wine. My aim is to offer my contribution to Italian wine,by supporting its development”.
Allegrini acquires Brunello di Montalcino
The Verona based company took over a 50% share of San Polo di Montalcino, taking over complete ownership
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