Announced
Completed
Financials
Sources
Tags
Cross Border
Distillers and Vintners
Friendly
Private
Single Bidder
wine brewer
Acquisition
Majority
Completed
Italy
Synopsis
EPI Group, an investment and luxury goods company, completed the acquisition of Isole & Olena, a winery. Financial terms were not disclosed. “We did the closing in Milan late last night. It has been a long negotiation with Paolo—it took two and a half years. We wanted to be in Chianti Classico. It’s doing very well and now we will have Brunello, Chianti Classico and a super Tuscan. It’s a strategic move and we’re very happy," Giampiero Bertolini, Isole & Olena CEO.
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