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Allegrini buys vineyards in Montalcino

>> Thursday, July 05, 2007

The Veneto-based Italian wine producer Allegrini has just bought two vineyards in Montalcino in collaboration with their American importer: Poggio San Paolo and Montluc. They will merge the two vineyards under the name Poggio San Paolo. The total surface will be around 21 hectares. They mainly produce Brunello di Montalcino but also some Rosso di Montalcino and two “super Tuscans”. The price tag has not been made public but it is estimated to around 10 million euro. (The price per hectare in Montalcino is around 375,000 euro…) winespectator.com

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