Advertise with

Russian Standard Vodka acquires 70% stake in Italian wine producer Gancia
Russian Standard Vodka acquires 70% stake in Italian wine producer Gancia

Russian Standard Vodka acquires 70% stake in Italian wine producer Gancia


Drinks Business Review - Dec 20th 2011, 09:17

Russian Standard Vodka, a premium Russian vodka brand owned by Roustam Tariko, has bought 70% stake in F.lli Gancia & C, an Italian sparkling-wine and vermouth producer to expand the Italian company. 

The Russian company said Tariko will head Gancia as its president and the Vallarino Gancia family members will continue to play a key role in the company's management.

Gancia's product portfolio falls into four categories: sparkling wines, still wines, apertif and specialty. The sparkling wine series includes Cuvée Classic Method, Cuvée Platinum and Pinot di Pinot. The aperitif family features Vermouth Bianco Gancia, Vermouth Gancia Dry and Vermouth Gancia Rosso.

Glancia enjoys leading position in sparkling wine and vermouth industry. Russian Standard has plans to develop and expand Gancia's brands into Russia, reported Bloomberg.

Gancia has 2000 hectares of controlled vineyards, and 30 hectares of its own vineyards for the production of red and white Piedmontese wines.

It produces still and sparkling wine made from grapes such as Brachetto, Chardonnay, Prosecco, Pinot noir, Pinot grigio and Pinot Bianco.

Gancia produces 250 million bottles of sparkling wines, wines and aperitifs produced each year. The company has international presence in over 60 major export markets including Portuguese, Japan, Finland, France, Belgium, Korea, China, Russia and the US. 

Related News

Egg hunting just got more fun for adults with the introduction of Sugarbird® Gin Eggs
11/04/2019 - 14:59
Made by entrepreneurial spirited local gin brand Sugarbird®, the Sugarbird Gin Eggs is the brainchild of co-owners Nzeka Biyela and Rob Heyns.

Cathedral Cellar comes to life with augmented reality labels
09/04/2019 - 10:29
Cathedral Cellar is relaunching globally with wine labels which allow wine enthusiasts to invite its winemaker, Wim Truter, to their dinner time conversation, via augmented reality technology.

Pernod Ricard launches its 2030 Sustainability & Responsibility Roadmap
05/04/2019 - 13:31
Pernod Ricard launches today its 2030 Sustainability & Responsibility roadmap as part of the Group’s strategic plan Transform & Accelerate. This roadmap, unveiled at the Martell Cognac distillery in France sets out 8 ambitious and concrete 2030 targets supporting the United Nations Sustainable Development Goals (SDGs).The Group is taking bold next steps in addressing both environmental topics, to preserve the terroirs its products come from, and social responsibility, in particular by accelerating the fight against alcohol misuse.

Tougher taxation needed to tackle alcohol abuse
02/04/2019 - 10:54
The SA branch of the Southern African Alcohol Policy Alliance (Saapa) urges the government to follow Grieve Chelwa and Corné van Walbeek’s suggestion to review the alcohol tax regime (“SA Ranks Sixth Globally as a Nation of Drinkers”, March 4). Beer is cheaper than a loaf of bread or a litre of milk in SA!

Major food and drink firms aim to improve plastic recycling in Africa
02/04/2019 - 10:02
Diageo, Unilever, The Coca Cola Company and Nestlé have joined forces to improve the collection and recycling of plastics in Africa.