Brown-Forman Sells Italian Wines To Gruppo

  • December 1, 2008
Brown-Forman has sold its Bolla and Fontana Candida Italian wine brands to Gruppo Italiano Vini, the Italian company with which it has worked for many years.

The decision, says the company, reflects the company's evolving portfolio strategy and a continuation of its efforts to focus the time and resources of the company on their best opportunities for growth and shareholder returns.--Nina Lentini

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