Effective January 1st, 2018, importation of the Frescobaldi Group’s portfolio in the US will be divided between Shaw-Ross International for the Frescobaldi Toscana estates and Danzante, and Vintus Wines for Masseto, Ornellaia, Luce della Vite and Attems. The entire portfolio had previously been imported by Folio Fine Wine Partners. Dividing the portfolio is in accordance with Frescobaldi’s practice all over the world; the US had been the only exception up until now. The cruise line, airline and duty-free business for the Frescobaldi Group will continue to be handled by Slainte Wines, with whom the Group has been doing business for 14 years.
“We would like to thank Michael Mondavi and his great team of fine wine professionals for bringing our company and our brands to this point in their development in the US market,” Lamberto Frescobaldi, president of the Frescobaldi Group said. “It is our desire to take our business to a new level of sales and distribution in the US by separating the brands.”
The Frescobaldi and Mondavi families have a long history of working together in various facets of the wine business, starting with the development of Luce della Vite in the early 1990s and continuing with the joint acquisition of Ornellaia in 2002. The Frescobaldi Group joined Folio Fine Wine Partners when the company first opened in 2005. “Our success in the US and the development of both Ornellaia and Luce della Vite will be forever tied to Michael Mondavi and the Mondavi family,” Lamberto Frescobaldi added. “They built the foundation for our success in the US. For that, we will always be grateful.”
