on the main news in the world of wine and wineries, with a strategic eye for those working in the sector.
Recent Updates (5–7 points)
- In Italy, the estimate for the 2025 harvest converges on ~47.4 million hectolitres (8% vs 2024) and “very good / excellent” quality.
- However, Legacoop reports that final volumes could be lower than initial forecasts (~44 million hl) due to adverse weather conditions and reduced yields.
- The bulk wine market remains resilient: in the first six months of 2025, total world exports were 16.5 million hl (-2.3% on 2024), with the value stable at €1.2 billion thanks to an increase in average prices (2.1%).
- In Italy, wine exports in the first half of 2025 exceeded €2.8 billion, with an increase of 1.5% in value and 2.1% in volume.
- In the acquisitions segment, The Wine Group completed the acquisition of six brands (including Meiomi, SIMI, Woodbridge) and vineyards from Constellation Brands, strengthening its infrastructure capabilities.
- The macroeconomic environment is pushing wineries to adopt digital tools and innovations: research has emerged on the application of Artificial Intelligence in viticulture, production, and wine tourism to optimize sustainability and operations.
- In Tuscany, consortia (e.g. Chianti DOCG) have decided on yield reduction policies of 10–15% to protect the quality positioning of the brand.
M&A Radar
| Operation / Rumor | Parties involved | Value / note | Geography / focus | Source & date | 
|---|---|---|---|---|
| The Wine Group → acquisition by Constellation Brands | The Wine Group & Constellation Brands | not disclosed | USA / California & North America | |
| Vinovento / Argea / Herita / Italian operations | Herita Marzotto Wine Estates acquires Marsh Estate (USA); Argea acquires US importer; acquisitions in Oltrepò Pavese, Friuli | not always known | Italy USA | |
| Oniwines / Veronesi | Veronesi plans acquisitions in Piedmont and Northern Italy | not disclosed | Italy | |
| Campari → sale of Cinzano and Frattina | Campari → Caffo Group 1915 | ~ €100 million | Italy / aperitif and wine brands | 
Prices & Harvest (mini box)
| Region / variety | Indicative price per quintal / hl | Trend vs previous year / notes | 
|---|---|---|
| Veneto / local DOCs | ~ €40-60 / quintal for DOC grapes | stable / slight increase for organic grapes | 
| Pavia / Barbera DOP | ~ €48 / quintal (var. 40–55) | moderate downward trend or stability | 
| Tuscan bulk wine (red) | ~ €200 / hl | high supply, downward pressure | 
| Bolgheri Vermentino (bulk) | ~ €320 / hl | premium level | 
| Italy, medium bulk market | ~ €0.78 / liter for exported bulk wine | 2.1% average price vs 2024 | 
Harvest notes / agricultural conditions:
- In many regions, the harvest is more than 75% complete; some areas are seeing lower yields than initially forecast, contributing to a rebalancing of supply.
- In Tuscany, a drop from 2.7 to 2.4 million hl is expected for strategic reasons.
- In Veneto, an increase in production is expected: an estimated 100,000 tons compared to 2024.
- Variable climate: areas like Friuli report contrasting conditions but with promising aromatic results (low yields, balanced acidity).

