Henkell finalises Freixenet acquisition

German sparkling wine company Henkell has reached an agreement with Cava producer Freixenet to buy 50.7% of the latter’s capital for just under €220 million it has been reported.

As reported in the Spanish press, the transaction will apparently be formalised today (16 March) and brings an end to a long period of negotiation between the two companies.

Rumours of the takeover surfaced nearly two years ago and seemed increasingly likely at the start of this year.

Freixenet, which also owns vineyards and brands in Argentina, Australia, Mexico and Champagne, has been valued in the region of €550m and it is believed Henkell at one point may have put in a tender to buy the group outright but several of Freixenet’s major shareholders including presidents, José Ferrer and José Luis Bonet have apparently retained their shares.

José Luis Bonet Ferrer, president of Freixenet, said: “Over three generations, we have made Freixenet the world’s leading producer of Cava. In Henkell we have found a strong partner with a long-term strategy which will significantly strengthen Freixenet and help us to maintain our identity and tradition – with an even stronger international presence in the future.”

Dr. Andreas Brokemper, CEO of Henkell, said: “Henkell and Freixenet share a strong entrepreneurial vision. We are delighted to realise as partners the opportunities of the globally growing sparkling wine market. Together, we can offer our customers not only global expertise but also a unique range of first-class brands and specialties.”

One Response to “Henkell finalises Freixenet acquisition”

  1. Wendy says:

    What was the agreement? have you scans of papers?…I would like to see the agreement as I’m also producing wineries…

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Your email address will not be published.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.

We encourage debate in the comments section and always welcome feedback, but if you spot something you don't think is right, we ask that you leave an accurate email address so we can get back to you if we need to.

Subscribe to our newsletters

UK Sales Manager, London Wine Fair

The Hemming Group Ltd, Drinks division
London, UK

Sales Manager - Zanzibar

Zanzibar MMI
Zanzibar, Tanzania

Senior Sales Executive

Hush Heath Estate
London/ Kent

Staff Writer

The Drinks Business
London, UK

On-Trade Wine Sales Manager

Madeera Wines Ltd.
London, UK

Head of Sales & Marketing

IWSC & Club Oenologique
London

Buyer - Investment Grade Whisky

Dalkeith Brokerage
London, UK

Commercial Analyst

Australian Vintage
Croydon, UK

Supply Chain Assistant (Maternity Cover)

Speciality Drinks
Elixir House, Whitby Avenue, Park Royal, NW10 7SF

National Account Manager : Multiple On Trade Accounts

Speciality Brands
Whitby Avenue, London NW10 7SF, UK

Wines of Argentina - Edinburgh

Edinburgh ,United Kingdom
24th Oct 2019

Decoding the Terroir of Beaujolais

Bristol,United Kingdom
28th Oct 2019
Click to view more

The Global Malbec Masters 2019

Deadline : 25th October 2019

The Global Sauvignon Blanc Masters 2019

Deadline : 25th October 2019

Click to view more

The Global Cider Masters 2019

View Results

The Prosecco Masters 2019

View Results

Click to view more