Castello Banfi bought 5 hectares from the Folonari The famous producer of Brunello (12 million bottles and 64 million in 2012 turnover), Castello Banfi bought 5 hectares in the Bolgheri Doc (1,200 total hectares).
The area has a price per hectare between 400 and 450 thousand euros in the hills and between 200 and 250 thousand in the plains.
The Tenute Ambrogio and Giovanni Folonari (Campo al Mare) sell the 10-year-old vineyards and the land: the area will yield from 20 to 30 thousand bottles a year. "We will immediately produce the Aska red and a superior Bolgheri within two years, mainly intended for the Italian market," said CEO Enrico Viglierchio.
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