Vlasceanu & Partners has advised Vintruvian Estates on its acquisition of Dragasani-based Crama Mennini and that of a majority stake in Dobrogea's Crama Histria. Sole practitioner Anca Negoita reportedly advised Crama Mennini's sellers.
The Vintruvian Group, established in Romania seven years ago, is noted for its wines from Northern Dobrogea and the Dealu Mare region. According to Vlasceanu & Partners, "through these acquisitions, our client has extended its already impressive wine brands portfolio, including Caii de la Letea and Prince Matei [...] which will lead to the enhancement of the premium and super premium Romanian wine segment and will allow the two wine vineyards to continue their story and join in Viticola Sarica Niculitel's success."
Crama Mennini, in Dragasani, was established ten years ago by Paolo Mennini. "Through this transaction, we can establish a strong position in the prestigious DOC Dragasani wine segment," Vitruvian Estate CEO Marius Iliev commented. "We will focus our efforts on the development of premium and super-premium wines from the varieties specific to the wine-growing area where the purchased vineyards are located."
Crama Histria, established in 2015, is a small wine producer from the Dobrogea area, with an annual production of around 50,000 bottles. "Through this transaction, we wanted, first of all, to join Paul Fulea in such a way as to ensure the necessary resources to carry forward his vision of niche wines, such as white wines with prolonged maceration, extractive rose wines, orange wines, or natural fermentation wines," Iliev added.
The Vlasceanu & Partners team included Partners Loredana Vlasceanu and Raluca Spinu, Senior Associate Mihaela Farin, Associate Stefania Gabriela Neagu, and Junior Associate Sorina Viziru.