FRESCOBALDI

:''For the Italian Baroque composer, see Girolamo Frescobaldi''.
The 'Frescobaldi Family' is a prominent Florentine family that has been involved in the political, sociological and economic history of the Tuscany region since the Middle Ages. As bankers, the Frescobaldis financed ventures for numerous members of European Royal Households, including the wars of King Edward I & Edward II of England. [1] The Frescobaldi family also served as papal tax gathers in England to finance the Crusades. [2] The prominent Italian musician Girolamo Frescobaldi is a member of this family.
The family is currently headed by Marquis Vittorio Frescobaldi and his brothers Marquis Ferdinando De' Frescobaldi and Leonardo De' Frescobaldi. The Frescobaldi family operates the wine producer ''Marchesi de' Frescobaldi'' and is behind the ''Laudemio'' brand of Italian olive oil.

Contents
History in Producing Wine
Partnership with Mondavi
Fraud Allegations
Tenute di Toscana
Footnotes

History in Producing Wine


The Frescobaldi family began producing Tuscan wine in 1308 and soon developed a notable client base. In exchange for exclusive paintings, the Frescobaldis traded their wine with the Italian Renaissance painter Michelangelo. [3] The family also supplied wine to Henry VIII and have contracts in their family archives signed by the English King. [4]
The agronomist Vittorio degli Albizi was an in-law of the Frescobaldi family through the marriage of his sister Leonida
to Angiolo Frescobaldi and with Frescobaldi financing was able to pioneer modern wine production techniques in Tuscany. In 1855, Albizi introduced Chardonnay, Cabernet and Merlot vines to the region. [5]

Partnership with Mondavi


In 1995 the Frescobaldi family's ''Marchesi de' Frescobaldi'' entered into a joint venture with Robert Mondavi Winery to produce Tuscan wine. The joint venture produced several labels including ''Danzante'', ''Luce della Vite'', and the Wine Spectator '2001 Wine of the Year' ''Ornellaia''. Following the acquisition of Mondavi by Constellation Brands in December of 2004, the Frescobaldi family has been attempting to gain full control of the Tuscan ventures. In March 2005, the family was able to acquire control of ''Luce della Vite''[6] and ''Ornellaia'' in April 2005. [7]

Fraud Allegations


In 2005, ''Marchesi de' Frescobaldi'' was investigated by the Italian government on allegation of fraud in their wine making at their Castiglione in Val di Pesa property and bottling facility near Pontassieve. [8] The wine producer was suspected of importing grapes from outside the Tuscan region and labelling them as "Tuscan grown" for benefits of DOC & DOCG appellation labeling. [9]

Tenute di Toscana


In May of 2006, the Frescobaldi family merged their Tenuta dell'Ornellaia, Castel Giocondo and Luce della Vite wine holdings into a new venture partnership, ''Tenute di Toscana'', with Stolichnaya Vodka and Michael Mondavi. [10] [11]

Footnotes


1. Britannica.Com Article
2. Hugh Johnson, ''Vintage: The Story of Wine'' pg 152. Simon and Schuster 1989
3. Dayton Daily News
4. Frescobaldi Article excerpt also reprinted at Etiquette Magazine
5. Ibid
6. "Frescobaldi Acquires Control of 'Luce della Vite'"
7. Decanter.com
8. WineCountry.com
9. Frescobaldi investigated for fraud
10. WineBusiness.com
11. Frescobaldi joins Stolly and Mondavi


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