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News Briefs for December 30, 2015

December 30, 2015

•Wilson Daniels has added its first Umbrian wine, with Montefalco Sagrantino producer Arnaldo Caprai joining the portfolio. The Arnaldo Caprai estate encompasses 220 acres of vineyards currently in production, out of a total 370 acres. Effective January 1, Wilson Daniels will handle Caprai’s DOCG wines Montefalco Sagrantino “25 Anni” and Collepiano Montefalco Sagrantino; DOC reds Montefalco Rosso and Montefalco Rosso Riserva; and DOC white Grecante Grechetto Colli Martani. Additionally, Wilson Daniels Wholesale in New York will have the exclusive distribution of specialty wine Vigna Flaminia Maremmana and half-bottle sizes of the Montefalco Rosso and Grecante Grechetto Colli Martani.

•Gruppo Campari has agreed to sell non-core Italian business Casoni Fabbricazione Liquori S.p.A. to a pool of local entrepreneurs for €5.3 million ($5.8m). Stating that the deal underlines its “strategy of strengthening focus on the core high-margin spirits business,” Campari noted that the sale follows similar divestitures of the Limoncetta, Punch Barbieri, Enrico Serafino brands and other non-core assets—totaling about €43 million ($47m)—over the past few years. Casoni Fabbricazione Liquori came to Gruppo Campari as part of its acquisition of Fratelli Averna in 2014, and specializes in private label production.

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