Burgundian eyes London Stock Exchange

A producer in Burgundy is looking to become what is believed to be the first French vineyard to be listed on the London Stock Exchange.

Domaine ChanzyAccording to a report by The Sunday Times, Bouzeron-based Domane Chanzy hopes to raise up to £5 million by this float onto AIM, which will enable the producer to expand export sales and develop its negociant business.

Chanzy currently owns over 32 hectares of vineyard, which are located mostly in the Côte Chalonnaise villages of Bouzeron, Rully and Mercurey. However the producer also has small plots in the prestigious Côte de Nuits village of Vosne Romanée, as well as Puligny Montrachet and Santenay in the Côte de Beaune.

Having been saved from bankruptcy in 2012 by private equity firm and Olma Invest, Domaine Chanzy has previously raised funds through French exchange Alternativa, which like AIM caters for smaller businesses than the main stock exchange.

Olma is reported to have bought the company for €5m, and, following investment in the producer’s assets and marketing strategy, the business is now valued at €10m by Alternativa. Olma is currently working with stockbroker WH Ireland with the aim of listing on AIM by the end of this year.

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Your email address will not be published.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 and Brand Manager

The Duchess Virgin Gin & Tonic
London,

Sales Scotland

Liberty Wines
Scotland, UK

Supply Chain Supervisor

Speciality Drinks
UK, UK

Sales Manager

Stilnovisti
London, UK

Regional Key Account Manager - On Trade

Lanson International UK
South of England, UK

Private Account Manager

Jeroboams Wine Merchants
London N1, UK

Sales Role

JF Tobias
London, UK

Events Assistant

Decanter
London, UK

Head of Marketing

Decanter
London, UK

Market Manager - Asia

Wines of South Africa
China,

Prosecco Springs

London,United Kingdom
26th Apr 2018

Spirits & More

Rome,Italy
19th May 2018

db Awards 2018

London,UK
23rd May 2018
Click to view more

The Global Malbec Masters 2017

the drinks business is proud to announce the inaugural Global Malbec Masters 2017

The Global Sparkling Masters 2017

the drinks business is thrilled to announce the launch of The Global Sparkling Masters.

Click to view more