Folonari relaunches and invests 9 million in facilities and hospitality
The most important piece of investment concerns the new Cabreo wine cellar
3' min read
3' min read
Wine consumption is slowly but steadily declining. For some time now, an international anti-alcohol offensive has been targeting wine more than spirits. Not to mention the growing market uncertainties and the threats of US tariffs, the first foreign outlet for Italian wine. The right scenario for investing.
This is what they must have thought at the Ambrogio e Giovanni Folonari Tenute company in Greve in Chianti, which produces 1.2 million bottles from its 250 hectares of vineyards in Chianti Classico, Bolgheri, Montepulciano, Montalcino and Maremma for a turnover of around 11 million euro and which has invested over 9 million euro, of the family's own resources, in its production facilities and accommodation facilities in the three-year period 2024-26.
An investment therefore dictated by the desire to raise the bar even higher in terms of product quality and to ride the wave of overtourism that is bringing to the Tuscan countryside, and beyond, an ever-increasing number of wine lovers who are passionate and curious about the places where wine is born and the families behind a label.
The most important piece of investment concerns the new Cabreo cellar. Cabreo is Ambrogio and Giovanni Folonari's supertuscan, a blend of Sangiovese, Cabernet Sauvignon and Merlot, one of the first supertuscans produced and which celebrated its 40th anniversary a few days ago.
But what drives one to invest in such an uncertain phase? 'It is certainly a challenge,' says the president and CEO of Ambrogio e Giovanni Folonari Tenute, Giovanni Folonari, 'but it also betrays practical motivations. At times like these, when there are only a few to embark on challenging projects, it is also possible to obtain more advantageous prices. If nobody buys fermentation tanks, their value will decrease. In reality, the project is broader.



