'EPI acquires majority stake in historic winery, Biondi Santi, Italy.'

EPI president Christopher Descourt described the partnership as a unique opportunity to accelerate international development''s major shareholders. Their shares were acquired as part of the new agreement, according to Jacopo. "Although EPI is acquiring a majority stake, the Biondi-Santi family remains a shareholder," Descourt said. "It is important to us that each party plays a role in developing Biondi-Santi's reputation and excellence. EPI will help Biondi-Santi from a business perspective, while Jacopo and Tancredi will also be actively involved in overseeing the vineyards, winemaking and acting as brand ambassadors." Currently, Biondi-Santi does not have an importer in the United States. However, the new partnership plans to resolve this issue by mid-2017.