Riunite acquires Gruppo Italiano Vini Verona in colossal merger

Cantine Riunite (Reggio Emilia, Italy) has acquired the Gruppo Italiano Vini Verona, creating an Italian wine behemoth worth more than 450 million Euro, producing 250 million bottles of wine. News of the consolidation comes on the heels of the GIV Verona’s acquisition of Bolla from the Brown-Forman group (USA) for 22 million Euro.

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