Tuscany still a target for the USA. The CEO of Expedia takes over a farm in Montalcino… Peter KernCEO of Expedia Groupthe US company specializing in online travel, expands its properties by taking over the company’s vineyards and farm Albatreti, which has five hectares of vineyard, of which 1.7 in Brunello di Montalcino, one in Rosso and the rest in Sant’Antimo. As reported by Winenews, it was already there in Kern’s portfolio The Palazzone, a Brunello di Montalcino company, which has seven hectares of vineyards on the Due Porte hill and in Castelnuovo dell’Abate. The Palazzone passed into the hands of Kern from Richard Parsonsformer CEO of Time Warner And Citigroup. The new farm, which will be renovated, – as reported by the newspaper – will enhance the production of Il Palazzone, which currently has a total of 12 hectares of vineyard, of which just over six hectares of Brunello, with “the objective company to reach an overall production of all wines of between 50 thousand and 60 thousand bottles per year”. Tuscany continues to be in the sights of the Americans. Just a few months ago, Daou Family Estatesa Californian company famous in the USA above all for the production of Cabernet Sauvignon, had purchased a San Quirico d’Orcia The Podere Coroglie, property consisting of a farmhouse to be restored and approximately 65 hectares, 31 of which are dedicated to viticulture. The goal was, and is, to produce a series of Tuscan IGT. The list of acquisitions that have affected the region over the years is long. Among the denominations, the most interested is that of Montalcino. Among others, today, the Argentine entrepreneur is producing Brunello Alejandro Bulgheroni who took over three wineries, Tenuta Vitanza, Podere Brizio and Poggio Landito which it is also added Devilish in Chianti Classico. Then there are the French Epialready owners of Charles Heidsieck and Piper Heidsieck, Louis Camilleriformer CEO of Philip Morris International And Ferrariwhich took over the Il Giardinello estatewhile his partner, Natalie Oliveros, is the owner of Flowery.
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