Cecchetti Wine Company and Racke USA Form New Global Wine Company

Sonoma, Calif., Jan 22 - Roy Cecchetti of Cecchetti Wine Company and Marian Kopp of Racke USA have announced the merger of their two wine companies.

The new company will combine all elements of their current operations into a single entity, Cecchetti Racke, with projected annual sales of $8.4 million and a total of approximately 140,000 cases of wine in 2009. In the next several weeks, Cecchetti Racke will be reviewing their current distribution network in all markets across the United States with an eye to maximizing the company’s portfolio of wines.

“We expect that this will have a very positive impact for us in the market,” says Roy Cecchetti, co-president of the new company. “We are currently meeting with all of our distributors to make sure that this project builds on the relationships both companies have established throughout the US. The strength of Racke, which began many years ago in California with the Buena Vista project, also adds a great power to the equation. They have more than 150 years of experience in the wine business, millions of cases sold internationally, including 1.6 million cases of Golden Kaan in the short period of only five years since its launch. With the personal involvement of Marcus Moller-Racke, we have taken a big step forward on the world stage.”

“It is an ideal partnership,” says Marian Kopp, co-president international sales and marketing for Cecchetti Racke and President of the Golden Kaan Brand. “We both provide real American expertise in the market and we combine that with Racke International’s marketing savvy and sophistication. And when we look at our brands, we offer a focused domestic and import portfolio covering key price segments that are critical to success in the market today. We are small enough to provide outstanding service, while big enough to bring the world of wine to our portfolio in the USA.”

“Our mission is to become a leading premium brand owner and importer of trusted quality wines from high profile and up and coming wine growing regions around the world,” says Cecchetti. “We are proven global Brand Builders providing maximum profitability to our trade partners. We bring global winemaking expertise and resources and focus those resources on what the US market demands: a fruit forward wine style, consistent and excellent quality for value.”

“Roy is an ideal partner for us,” says Kopp. “He really knows the US market, and has a great track record with his brands. He is the architect behind the Pepperwood Grove brand, which was an Impact Magazine “Hot Brand of the Year” for three years. And he was honored as a Finalist in the Ernst & Young “Entrepreneur of the Year” awards in 2000 and 2001. He is dynamic, smart, and has a real passion for wine.”