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Magazine Archives: May 31, 2005

Ornellaia Stays in Tuscan Hands

Frescobaldi arranges to buy Mondavi's stake in the prominent estate
Dana Nigro
Issue: May 31, 2005

Venerable Italian producer Marchesi de' Frescobaldi struck a deal on April 1 with Constellation Brands to take over Tuscany's famed Tenuta dell' Ornellaia in its entirety, paying more than $45 million to add the 50 percent stake that had belonged to Robert Mondavi Corp.

For the full article, check out the new issue of Wine Spectator, on newsstands May 31, 2005.

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