Boutinot announces buy-out

Boutinot has confirmed a management buy-out led by managing director Dennis Whiteley, commercial director Michael Moriarty and Tony Brown MW.

BoutinotThe move is supported by Barclays Bank and Araldica Castelvero, a Piedmonte-based wine co-operative and one of the company’s key supply partners.

As a result of this buy-out, Paul Boutinot, who founded the UK-based producer, importer and distributor over 30 years ago, will step down to focus on his biodynamic South African wine estate Waterkloof.

Peter Renshaw, who has held the post of chairman at the firm for the last 10 years, will also retire. Instead Claudio Manera, general manager of Araldica will step into the role of non-executive chairman.

With just under 80 employees an annual turnover of more than £95 million, Boutinot has a portfolio of over 1,000 wines and is exclusive agent to 150 producers from around the world. These include Fernando de Castilla Sherry, Vallet Frères in Burgundy and Emiliana from Chile.

In addition to supplying UK and international restaurants, retailers and wholesalers, the company owns a number of vineyards and production facilities in both northern and southern hemispheres.

Commenting on the buy-out, Paul Boutinot said: “I’m thrilled that the business has been taken on by the team I know well. It is good for the staff, the loyal customer base and the producers, many of whom have been close to the business since the beginning. The team is well-placed to take the business forward and build on the success they have already created.”

Meanwhile Whiteley stressed it was “business as usual with the same challenges ahead of us as we faced yesterday.” He continued: “The strength of our business has always been its talented, hard working and dedicated people who are passionate about the wines we sell and the customers we have the privilege to supply.

“We have had an amazing time working as a team with Paul and Peter and have seen huge changes within our industry but our values and working philosophy have remained the same and will continue to do so.”

Leave a Reply

Your email address will not be published. Required fields are marked *

Please note that comments are subject to our posting guidelines in accordance with the Defamation Act 2013. Posts containing swear words, discrimination, offensive language and libellous or defamatory comments will not be approved.

Subscribe to our newsletters

Sales Support Executive

Davy's
London, UK

Partner Manager – On-trade - Greater London

Maverick Drinks
London/M25 belt, UK

Partner Manager – On-trade - North West

Maverick Drinks
Manchester, UK

Partner Manager – On-trade - West & Wales

Maverick Drinks
Bristol, UK

Partner Manager – On-trade - South East

Maverick Drinks
Brighton, UK

Events Sales Executive

The Drinks Business
Central London, UK

Sale & Operations Manager

Marussia Beverages
Marylebone, London, UK

Prestige Account Manager – Europe

Jackson Family Wines
London, UK

Pink Rosé Festival

Cannes,France
7th Feb 2018

VinoVision Paris

Paris,France
12th Feb 2018

Vinisud

Montpellier,France
18th Feb 2018
Click to view more

Champagne Masters 2017

The only Champagne blind tasting in the UK, the competition will reward the best wines in the following categories:

The Global Rosé Masters 2017

With wines from the palest of pink to almost ruby red, bone dry to almost cloyingly sweet, reductively handled to barrel-aged, as well as gently spritzy to fully sparkling.

Click to view more