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Russian Standard Corporation has acquired Italian wine house
16.12.2011 17:12
Russian Standard Corporation has acquired Italian wine house

Russian Standard Corporation, owned by Rustam Tariko, has acquired 70 % stake of Italian wine house Gancia, reports The Kommersant. The sides have not disclosed the deal details, at that some experts estimate the sum of the deal in 150 -180 million Euro.

Mr Tarico will become the President of Gancia.

Russian Standard will start supplying Italian wine from 2012. The most famous brands of the wine house Gancia are Pinot di Pinot Gancia Cuve Platinum.

Gancia is an Italian wine-making company. It was founded in 1850 by Carlo Gancia in the Piemonte region of Italy.

Gancia produces still and sparkling wine made from grapes like Brachetto, Chardonnay, Prosecco, Pinot noir, Pinot grigio and Pinot Bianco. They also produce red, white, sweet and dry Vermouth.

Author: Irina Fomina

Tags: business     

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