The Rabobank analysis of the period 2010-2017 reveals a dynamic wine world, signing off on more than 150 major operations. Here are the details.
The report made by Rabobank cataloged mergers and acquisitions in the sector in terms of different categories. The first was non-European investors purchasing prestigious wine producers: largely Americans and Chinese encouraged by the growing demand in their own countries. Examples are the purchases of Bonneau du Martray (by Americans) and La Guyennoise (by Chinese). Château Perenne now belongs to Jack Ma, the founder of Alibaba. Another category refers to local businesses devoted to export that widen their reach by buying from co-nationals: Masi purchased a large share of Canevel Spumanti, and Campari sold its French winery, Château Sancerre, to Maison Ackerman.
The third category is wine businesses that buy abroad to round out their presence on the European market. The French EPI Group (Piper-Heidsieck) bought Montalcino’s Biondi Santi. Rotkäppchen-Mumm bought Ruggeri, the Italian prosecco producer, while Maisons & Domaines Henriot took over a majority share of Oregon’s Beaux Frères. Investment funds, a category of its own, purchased French Bouvet Ladubay and Spanish Vintae (luxury wine specialists).