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Belgian Investors Buy Poggio Antico Brunello di Montalcino Estate

AtlasInvest makes its first foray into wine with a high-altitude vineyard in Tuscany
Poggio Antico enjoys a prime position looking south on Montalcino's vines and olive groves.

Bruce Sanderson
Posted: July 13, 2017

Montalcino’s Poggio Antico, a winery that includes one of the Tuscan appellation’s highest vineyards, has been purchased by AtlasInvest, a family-owned Belgian investment company. The deal includes the winery, a 500-acre property with 79 acres of vineyards and a restaurant, Ristorante di Poggio Antico. The estate makes about 10,000 cases per year. The purchase price was not disclosed.

The announcement came from Paola Gloder, owner and manager of the estate since 1987. “I’m happy to have reached the goal to see Poggio Antico consistently highly rated over the last three decades among the top Italian wineries,” Gloder told Wine Spectator. “Now it is time for new adventures.”

Gloder was 17 years old when her parents purchased Poggio Antico in 1984. Just three years later, she moved from Milan to the estate to manage it. She was joined by her husband, Alberto Montefiori, in 1998, and over the years the team at Poggio Antico made considerable investments in upgrading the vineyards and improving the wines, which have been almost consistently outstanding (90 points or higher) in Wine Spectator tastings since the 1997 vintage. The property enjoys a spot roughly 1,500 feet above sea level, just south of the town.

Federico Trost will replace Gloder on Aug. 1 as general manager, but Gloder and Montefiori will stay on indefinitely during the transition.

AtlasInvest, controlled by Marcel van Poecke, invests and operates mainly in the energy industry and real estate. Poggio Antico is its first winery purchase.

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