ANGELINI ESTATES, WINE “DIVISION” OF THE ANGELINI PHARMACEUTICAL GROUP BOUGHT BERTANI’S HISTORIC BRAND AMARONE DELLA VALPOLICELLA. EMILIO PEDRON (EX GIV) REMAINS PRESIDENT TO “INSURE MANAGEMENT OPERATIONS”

Angelini Estates, the wine “division” of Angelini Pharmaceutical Group is continuing its expansion and has bought the majority of Bertani’s historic brand Amarone della Valpolicella (2 million bottles a year, exported in more than 40 countries, 15% increase in turnover in 2011 compared to 2010, for a total of 12 million euros) adding it to the other wineries in the group: Val di Suga in Montalcino, Tre Rose Estate in Montepulciano and the historic San Leonino in Castellina in Chianti in Tuscany; Puiatti di Romans in Friuli Venezia Giulia and Collepaglia in the Marche, for a total of 1.600 hectares of land, of which 300 are vineyards producing 1.500.000 bottles a year for a yearly turnover of 8 million euros.

On December 1st, Angelini Estates finalized the purchas of the majority shares of Bertani Holding and Novare Estate, the historic company in Verona that produces some of the most famous Italian wines such as Amarone, of which the Bertani family is one of the founding fathers. Emilio Pedron will remain President and CEO of the Cavalier G.B. Bertani, to guarantee production and marketing of the wines.
The purchase, in detail, concerns the Bertani brand, its marketing distribution, the historic wineries of Grezzana di Verona and the vineyards and farms of the Novare Estate (200 hectares of woods, olive groves, vineyards, farms and perennial water fonts), in the heart of Valpolicella “Classica”, close to Verona and one of the best “cru” of the Valpolicella production. The Bertani Brothers founded the winery in 1857 and from the beginning have always been committed to improving and enhancing the products of the Verona territory. With Amarone at the top of their production line, it is one of the first wineries to begin production (they have a unique collection of historic vintages starting from 1959) and up until today it has been family owned. “The Angelini family’s passion for land and wine in particular”, explained Angelini Estates, “favors new investments in the industry and the purchase of the Bertani Winery confirms it. Bertani and Angelini Estates will proceed with separate managements, but will immediately examine possible positive synergies. By entering into one of the most noble and prestigious Italian wine areas and enriching their product portfolio, the wine division of the Angelini Group expects to double its turnover”.


Focus – Details of the Angelini Group’s purchase of Bertani
The operation was finalized on December 1, 2011. The Angelini group purchased the majority shares of two companies: Bertani Holding Spa, owner of the Bertani brand and wine, bottling and stocking cellar. Cav. G.B. Bertani spa is the operations company – 100% participation of Bertani Holding srl – of wine production and marketing. Novare Estate srl: company that owns vineyards and farms located in the heart of Valpolicella Classica. The two companies have their offices and production in Grezzana di Verona and Arbizzano. This is the territory of Docg Amarone. The production area also includes other important wines. Emilio Pedron, well-known personality and expert in the sector, has been confirmed President and CEO of Cavalier G.B. Bertani.


Profile - Bertani
The Bertani wineries, founded in 1857 by the Bertani brothers in Quinto di Valpantena (Verona) up to now have been property of the same family and represent a part of Italian and in particular Veronese wine history, boasting a record of unique, constant and coherent product style. The Bertani Company, with the Novare Estate, has circa 200 hectares of vineyards distributed in the main Doc areas of Verona, from Valpolicella and Valpantena to the Soave vineyards on Lake Garda. The company produces all the grapes needed for the production of Amarone and Valpolicella wines. It is located in the historic cellars of Grezzana, to the northeast of Verona, where the historic vineyards are situated and where winemaking, ageing, bottling and shipping take place. There is a second location in Villa Novare in Valpolicella to the west of Verona, where grapes are cultivated and dried for the production of Amarone Classico where it goes through a 6 year refining process. 
The Bertani Company produces 2 million bottles of wine a year for a turnover of 12 million euros in 2011 (+15% over 2010) of which about 40% is sold in Italy by 100 sales agents and 60% abroad. Internationally, the production is distributed in 40 countries. The main international markets are the United States, Canada, Japan, Switzerland, Great Britain and Ireland.

Profile – Angelini Estates
The Angelini Estates was founded in November 1994 through the simultaneous purchase of three historic wineries in Tuscany: Val di Suga in Montalcino, Tre Rose Estate in Montepulciano and San Leonino farm in Castellina in Chianti. These wineries are the three production poles of three of the most famous denominations in Tuscany: Brunello di Montalcino, Vino Nobile di Montepulciano and Chianti Classico. Angelini Estates also produces the prestigious wine from the Marche region, Verdicchio dei Castelli of Jesi Classico Superiore of the Collepaglia Estate. In March 2010 the company purchased the Puiatti di Romans winery in Friuli- an oenological gem in Collio and Isonzo that produces some of the best traditional white wines of Friuli. Angelini Estates owns more than 1.600 hectares of land, of which 300 are vineyards producing 1.500.000 bottles a year for a yearly turnover of 8 million euros. 
In December 2011 Angelini Estates bought the Bertani winery of Verona, famous for its production of Amarone. 


Profile – Angelini group
Angelini is a private international group, leader in the pharmaceutical industry operating in the fields of human health and wellness for mass consumption. Founded in Italy at the beginning of the 20th century, today there are establishments in 18 Countries and a workforce of 3500 employees. Their 2011 turnover is approximately 1.2 billion euros. In the Pharma sector, the group has facilities in Italy, Spain, Portugal, Greece, Austria, Poland, Czech Republic, Slovakia, Hungary, Romania, Bulgaria, Slovenia, Croatia, U.S.A., Pakistan and India. Their products are marketed also in the rest of world, through partnerships with local companies. 
In the pharmaceutical sector, Angelini is specialized in analgesics, inflammation, pediatrics, CNS, antiviral and oral cavity, gynecology and disinfection products. In Italy it is one of the four leading companies in volume and leader in self-medication drugs with the brands Tachipirina, Moment, Tantum Verde and Amuchina. In the Personal Care sector, in joint venture (Fater) with Procter & Gamble it is leader on the Italian market of diapers and sanitary napkins with the brands Pampers, Lines, Linidor and Dignity. In the Machinery sector, again in joint venture with Procter & Gamble, Angelini is world leader in projection and realization of production lines integrated for the sanitary pad industry with facilities in Italy, China, U.S.A. and Brazil (Fameccanica). The group operates also in the fields of dermocosmetics, beauty aids, real estate, wine production and agriculture.