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Iwb buys Svinando Wine Club

MILAN (AIMnews.it) - Italian Wine Brands has taken over 100% of the Turin startup Svinando Wine Club, an online sales platform. Founded in 2012, the platform now has over 100.000 registered users and a turnover of around 1 million euros, with positive ebitda. "From a strategic point of view, the operation aims to further strengthen IWB's leadership position in the online wine sales sector, characterised by a high growth potential", explains the company.

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