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Constellation Brands buys Ruffino in Chianti

Constellation Brands is one of the world’s biggest wine producers. Ruffino is one of the biggest producers of wine in Tuscany with its core in Chianti. Constellation recently bought 50.1% of Ruffino. The price tag was 50 million euro (plus taking over debts of around 55 million euro).

Constellation already owned 49.9% of Ruffino and thus becomes sole owner of the Tuscan wine producer. Ruffino has 130 employees and makes 15 million bottles of wine per year. They no doubt have quite a few hectares vineyards in Tuscany. Read more: vitisphere.com

This post is also available in: Swedish

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