M&A

Romanian entrepreneur extends group of premium wineries

19 May 2023

Vintruvian Estates Group, controlled by Romanian entrepreneur Marius Iliev, one of the most important players in the premium wine market in Romania, confirmed the purchase of the Mennini wine cellar, located in the Drăgășani vineyard, Profit.ro reported.

The group now owns three wine cellars: Mennini Winery, Via Viticultural Sarica Niculițel from Dobrogea and Villa Zorilor from Dealu Mare.

"Through this transaction, we can establish a strong position in the segment of wines with the prestigious Drăgășani DOC (controlled origin), and we will focus our efforts on developing premium and super-premium wines from the varieties specific to the wine-growing area where the purchased vineyards are located, especially with local varieties, such as Negru de Drăgășani, Crâmpoşie Selecționată, Fetească Regală and others", explained Marius Iliev, CEO Vintruvian Estates.

iulian@romania-insider.com

(Photo source: Vojtaheroutcom/Dreamstime.com)

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M&A

Romanian entrepreneur extends group of premium wineries

19 May 2023

Vintruvian Estates Group, controlled by Romanian entrepreneur Marius Iliev, one of the most important players in the premium wine market in Romania, confirmed the purchase of the Mennini wine cellar, located in the Drăgășani vineyard, Profit.ro reported.

The group now owns three wine cellars: Mennini Winery, Via Viticultural Sarica Niculițel from Dobrogea and Villa Zorilor from Dealu Mare.

"Through this transaction, we can establish a strong position in the segment of wines with the prestigious Drăgășani DOC (controlled origin), and we will focus our efforts on developing premium and super-premium wines from the varieties specific to the wine-growing area where the purchased vineyards are located, especially with local varieties, such as Negru de Drăgășani, Crâmpoşie Selecționată, Fetească Regală and others", explained Marius Iliev, CEO Vintruvian Estates.

iulian@romania-insider.com

(Photo source: Vojtaheroutcom/Dreamstime.com)

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