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Iwb acquires 85% of the American Enovation Brands

The Italian wine group will have direct access to the rich US market

Italian Wine Brands, a wine company listed on the Euronext Growth Milan of the Italian Stock Exchange, announced on December 30th it had acquired 85% of the share capital of Enovation Brands Inc., a historic company based in Miami and specialized in the import of Italian wines on the territory North American.The equity value agreed between IWB and the sellers amounts to a total of USD 22 million, which...

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EFA News - European Food Agency