Tenuta Valdipiatta acquired by hotelier

Michael L. Cioffi, the owner of boutique hotel Monteverdi Tuscany, has fully acquired Vino Nobile di Montepulciano DOCG producer Tenuta Valdipiatta.

US citizen Cioffi, who founded Monteverdi Tuscany in Val d’Orcia in 2012, first became aware of Tenuta Valdipiatta, which is around 15 kilometres away from his hotel, in 2003 when he read an article written by critic James Suckling for Wine Spectator. He visited the estate and struck up a friendship with Giulio Caporali, who had acquired Tenuta Valdipiatta in the 1980s.

Prior to founding his luxury hotel, Cioffi, a partner in the international law firm of Blank Rome, LLP, set about acquiring and renovating villas in Tuscany.

Initially 10…