In addition, the winery recently entered into international joint ventures with the Frescobaldi family
in Italy and Caliterra in Chile.
Together with our Italian joint venture partners, the Marchesi de Frescobaldi family
, we recently purchased a vineyard in the Montalcino region of Tuscany, Italy.
BUSINESS WIRE)--July 10, 1995--Robert Mondavi and the Marchesi de'Frescobaldi announced today the signing of a letter of intent for a 50/50 joint wine venture between Robert Mondavi Winery (NASDAQ:MOND) and the Frescobaldi family
to produce and market worldwide an Italian ultra-premium Tuscan red wine, followed by an Italian red and white super-premium wine.