Italian wine is one of the most appreciated symbols in the world of the made in Italy lifestyle and its appeal knows no crisis, not even when the interest of the big investment funds is aroused. Investing in Italian wine is what brought the private American investment fund Brazos Equity Partners (1.4 billion dollars in managed capital and 715 billion dollars in liquid assets, controlling 55 top brands in sectors as diverse as services, health, industry, finance, food & beverage and distribution, ed) to become major stockholder of “Winebow”, one of the most important importer-distributors of Italian wine (and not only) in the U.S. Winebow, founded by Leonardo LoCascio, manages 122 brands from around the world (Italy is first and foremost) and does business with 125 distributors in all 50 States. Brazos bought the shares from Freeman Spogli (among its founding partners the former U.S. Ambassador in Italy Ronald P. Spogli, a great fan of Italian wines). The objective of the investment (no financial data available), as reported on their site, is to “support Winebow’s continuing growth and provide liquidity to the stockholders”. Jon Moramarco, President of Winebow is also the new CEO. Leonardo LoCascio is chairman and responsible for the “Leonardo LoCascio selections”.
Among the Italian brands that Winebow imports are: Allegrini, Altesino, Argiolas, Bera, Bisceglia, Botromagno, Castellare, Castello di Bossi, Corte Giara, Di Majo Norante, Falesco, Fattoria Resta, Fazi Battaglia, Franz Haas, Galardi, Giuseppe Cortese, Kris, La Carraia, Le Pupille, Leone de Castris, Librandi, Livernano, Maculan, Mastroberardino, Monastero, Montevetrano, Monti, Morgante, Palladio, Poggio al Tesoro, Poggio Scalette, Pratesi, Princic, Prunotto, Roberto Voerzio, Salicutti, San Polo, San Quirico, Sansonina, Stella, Tasca d’Almerita, Tenuta di Fessina, Tenuta La Marchesa, Terre, Tiefenbrunner, Tramin, Tua Rita, Valdipiatta, Valle Reale, Zardetto, Zèfiro and Zenato.
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