Barolo’s Vi­etti sold to US in­vestors

Decanter - - A MONTH IN WINE -

ITALY Pied­mont’s his­toric Vi­etti win­ery has been sold for an undis­closed sum to Barolo en­thu­si­asts the Krause fam­ily, own­ers of con­ve­nience stores in the US.

The 143-year-old es­tate in Castiglione Fal­letto, with 34 hectares of vines, is the fam­ily’s sec­ond win­ery ac­qui­si­tion in Pied­mont in the past year, fol­low­ing the pur­chase of En­rico Ser­afino from Gruppo Cam­pari in June 2015.

Both Luca Cur­rado, oe­nol­o­gist and chief ex­ec­u­tive of Vi­etti, and sales and mar­ket­ing direc­tor Mario Cordero, will stay in their posts, with Cur­rado say­ing: ‘Noth­ing at Vi­etti will change, if only for the bet­ter.’

He added: ‘With this al­liance, Vi­etti will have ac­cess to an ad­di­tional 12ha of cru vine­yards in Barolo that were re­cently pur­chased by the Krause fam­ily. These vine­yards will al­low us to make our Castiglione and Per­bacco bot­tlings even bet­ter. Over time, we will ex­plore the pos­si­bil­ity of us­ing one of their many prop­er­ties to pro­duce a new cru bot­tling.’

‘Our fam­ily has the ut­most re­spect for what they and their fam­i­lies have built over five gen­er­a­tions and do not plan to change any­thing,’ said Kyle Krause, who em­pha­sised his Ital­ian-Amer­i­can roots and his love for Barolo wines.

Krause added that he sees po­ten­tial for Vi­etti and En­rico Ser­afino to work to­gether in the fu­ture. Cur­rado and Cordero will both con­sult for En­rico Ser­afino, which is based in Canale d’Alba.

Cur­rado added that the Barolo land­scape was ‘chang­ing rapidly’ and that he was pleased to have se­cured the fam­ily legacy.

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