Platinum Equity completed the acquisition of Farnese Vini from NB Renaissance Partners for $195m.

Platinum Equity completed the acquisition of Farnese Vini, an Italy-based boutique winery, from NB Renaissance Partners, a private equity fund, for $195m. "After the outstanding results reached also thanks to NBRP’s support, we believe there are significant untapped opportunities for us to growth in new markets and segments especially in emerging countries where millennials are now adopting the wine experience as a new habit. We are delighted to start this new phase of growth with Platinum Equity as new partner," Valentino Sciotti, Farnese Executive Chairman.