Fri, 25 Jun 2021 | DIVISION SALE
Global wine company Accolade Wines has announced that it has acquired Lambrini, the UK's leading brand of Perry.
Accolade, the firm behind well-known brands such as Hardys and Echo Falls, revealed that it had expanded its portfolio by purchasing the Lambrini brand from Halewood Artisanal Spirits.
First launched almost three decades ago, Lambrini is a well-known brand of Perry, or pear cider, that has a following across Britain.
Commenting on the acquisition, Accolade Wines chief executive Robert Foye stated that the strong heritage of the brand, along with its popularity across the UK, will ensure Lambrini plays a large role in the firm's "broader strategic growth plans" across the UK and Europe.
Accolade Wines managing director, Europe, Caroline Thompson-Hill added: "We believe this acquisition is a great thing for the industry and the consumer as we continue to invest in our partnerships, innovate the category, and deliver products that excite the consumer."
Halewood UK managing director John Bradbury also commented on the sale, stating that it marked the final stage in the company's plans to begin focusing on core artisanal spirits such as Whitley Neill Gin and JJ Whitley Vodka.
He said: "We believe Lambrini is in capable hands with Accolade Wines, which has a track record of building global brands. We will work closely with Accolade Wines and our customers through the period of transition to ensure continued delivery of the Lambrini brand to market."
The acquisition marks Accolade Wines' third acquisition of the year, following the company's purchase of Katnook Estate and Rolf Binder Wines, both of which became part of the firm's Global Vintage Release programme.
Discover a charming village pub restaurant nestled in the picturesque landscapes of Oxfordshire, offering a unique opportunity to own an establishment rich in character and appeal.
LEASEHOLD
This well-established Turkish restaurant, bar, and club in the City of London offers a unique culinary journey with its fusion of Turkish, Middle Eastern, and Mediterranean flavours.
LEASEHOLD
Opportunity to acquire a well-renowned restaurant and cafe/bar located in the vibrant West End of Glasgow, offering a unique dining experience in one of the city's most desirable areas.
FREEHOLD
22
|
Aug
|
Animalcare acquires new research programme for horses and dogs | BUSINESS SALE
York-based Animalcare Group plc has expanded its pipeline of...
22
|
Aug
|
Coastal Dorset development site with planning permission comes to market | COMMERCIAL PROPERTY
A prime coastal development opportunity has been launched to...
22
|
Aug
|
UK Government takes control of Speciality Steel after insolvency | ADMINISTRATION
Speciality Steel UK (SSUK) has been taken over by the UK gov...
16
|
May
|
Drinks company hires bank to advise on £200m sale | BUSINESS SALE
A UK-based producer or spirits and wines has appointed inves...
Business Sale Report is the complete resource for finding genuine acquisition opportunities.
Join today to receive:
All this and much more, including the latest M&A news and exclusive resources
Please choose your settings for this site below. For more information please read our Cookie Policy
These cookies are necessary for our website to function properly and provide you with access to all features.
These are analytics cookies that help us to improve the way our website works.
These are used to improve the functional performance of the website and make it easier for you to use.