Tuscan Winery Group Angelini Acquires Veneto’s BertaniDecember 15, 2011
Tuscan wine firm Tenimenti Angelini has purchased Veneto-based winery Cantine Bertani for an undisclosed sum, Wine Spectator reports. The deal, which involved Angelini’s acquisition of 70% of the Bertani family’s shares, went into effect December 1. Founded in 1857, the 500-acre winery is best known for its Amarone and Valpolicella wines, and has been one of the region’s leading Valpolicella producers for decades. Bertani claims to export more than 60% of its production to around 30 countries, including the U.S., Canada, Japan, Switzerland, Britain and Ireland.
Tenimenti Angelini, a subsidiary of Italian pharmaceutical giant Angelini Group, has purchased an array of wineries over the past two decades. Bertani joins Angelini’s existing 766-acre property portfolio, which features three Tuscan estates—San Leonino in Chianti Classico, Val di Suga in Montalcino and Tre Rose in Montepulciano—as well as recent acquisitions in Marche and Friuli. According to Angelini executives, Bertani will remain a separate company and retain its management, including president Emilio Pedron.Subscribe to Shanken News Daily’s Email Newsletter, delivered to your inbox each morning.