You are currently viewing the International Edition. You can also switch to the Hong Kong Edition.
Wednesday 1 July 2015

Boutinot announces buy-out

25th March, 2013 by Gabriel Stone

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Your email address will not be published.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 *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>

If that's interesting, how about these?

Top 10 wines in the UK press

An English fizz fit for Wimbledon, a "chunky, berry-stuffed" Negroamaro and a more...

The Proust Q&A: Lorenzo Zonin

Italian winemaker Lorenzo Zonin opens up to db about cooking naked, more...

Rioja revellers soaked in wine battle

Thousands have taken part in Rioja's annual wine fight, drenching each other more...

Marketing and eCommerce Manager

London, United Kingdom

Competitive, includes equity options

Oregon producer takes international view

One of Oregon’s youngest wine estates has partnered with Jackson Family Wines more...

UK customs seize 550,000 litres of alcohol

More than 550,000 litres of illegal beer, wine and spirits have been seized by more...

Vinadeis unveils Languedoc 'black diamonds'

One of France’s largest wine producers has launched a high-end Languedoc more...

International Business Development Assistant

London, United Kingdom

To be determined, based on the profile and experience of the candidate

Beaujolais pushes for sparkling AOC

Beaujolais is trying to gain AOC status for its sparkling wines which, with it more...

Benevolent launches Ambassador drive

UK drinks trade charity The Benevolent is calling for volunteers from the trade more...

Final call for Liberty apprentice scheme

Liberty Wines is inviting final applications for its apprentice programme, more...

PR Manager

Competitive

WOSA woos UK indies and on-trade

Wines of South Africa has announced plans for a new UK trade tasting later this more...

Flavoured styles lead drinks NPD

A new report from Nielsen shows that flavoured variants are dominating more...

Plumpton College principal awarded OBE

Mr Des Lambert, Principal of Plumpton College since 2003, has been awarded an more...

Business Development Executive

London, United Kingdom

£25-£30K + benefits, depending on experience

Tesco sales take a tumble despite price cuts

Tesco's like-for-like sales fell by 1.3% in the three months to 30 May, an more...

Oddbins woos Naked staff with love letters

Oddbins has allegedly been sending love letters and bottles of wine to key more...

Sutcliffe steps down from Sotheby’s role

Serena Sutcliffe MW has stepped down from her position as worldwide head of more...

Digital and Communications Executive

£22,000-£26,000 dependent on experience

Austrian wine importer launches in Hong Kong

A wine importer specialising in Austrian wines has launched in Hong Kong to more...

Asda warns suppliers of Champagne scam

Asda is warning suppliers to be on guard after several companies received more...

Nyetimber partners with Ben Ainslie Racing

English sparkling wine producer Nyetimber has signed a three-year partnership more...

UK Sales Manager

London, United Kingdom

Accolade's Fish Hoek goes Fairtrade

South Africa's Fish Hoek is to go Fairtrade from the 2015 vintage, becoming more...

Hardys invests £4m in summer of cricket

Hardys has unveiled a new £4 million consumer marketing campaign to tie in more...