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Wine: 1.45 billion in revenue at a crossroads between funds, disposals and new partners

There are around 1.45 billion euros in Italian wine turnover looking for an author. There are at least six or seven major Italian wine companies that over the next few years...

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Wine: 1.45 billion in revenue at a crossroads between funds, disposals and new partners

Several major Italian wine companies are expected to undergo significant changes in governance over the next 6-12 months. Zonin 1821, with a projected 2025 revenue of €188 million, is currently undergoing a negotiated composition procedure at the Venice Tribunal, with two offers already submitted for some of its assets. Argea, a major private player in the Italian wine industry with a projected 2025 revenue of €462 million, is also looking for a partner to acquire 30% of its capital, valued at around €150 million, as it approaches a deadline to close its Fondo Uno.

Additionally, there are potential changes at Fantini Wines, which has a revenue of almost €90 million and is backed by the Platinum fund, as well as cooperative movements, including Mack & Schühle Italia's acquisition of La Versa and Cevico's rescue of Moncaro.

Written by urgent.news from Il Sole 24 Ore's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.

Read the original at ilsole24ore.com →

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