Video: Wine: Tannico has acquired the majority of Venteàlapropriété
2024 Author: Cody Thornton | [email protected]. Last modified: 2023-12-16 12:26
It's still shopping time: this time let's go to the wine why here Tannic has acquired the majority of Venteàlapropriété (VAP), a French company active in the premium wine sales segment.
Tannico closed 2020 with a growth of sales 82%, reaching 37 million euros (remember that in 2020 Campari acquired 49% of Tannico). Venteàlapropriété, on the other hand, closed 2020 with a turnover that exceeds 34 million euros.
The French company mainly deals with sales of premium and en primeur wines, that is, those products of excellence from famous domaine and French chateaux (among them we include Chateau Palmer, Chateau Margaux and Petrus). Customers can pre-order these wines, with deliveries in 18 or 24 months, depending on the aging period in the cellar.
Moreover, every day wineries are selected with different proposals of high quality wines, all controlled by a special one sommelier team. There is also a selection of premium spirit products.
Marco Magnocavallo, CEO of Tannico, declared himself enthusiastic about the possibility of being able to work at expansion of Tannico also on the French market, thanks to the acquisition of Venteàlapropriété. Over the past 12 years, the French company has created a team of sommeliers and purchasing managers who integrate perfectly with Tannico's strategies.
In this way, Tannico will be able to access an important one selection of French wines which will also enrich the catalog of the Italian market.
For her part, Clotaire Dumetz, CEO of Venteàlapropriété, said that they are happy to join Tannico and his team. This is a unique opportunity to bring together two leading companies in the wine e-commerce sector in the relevant countries.
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