Henkell and Freixenet join forces to create world’s leading sparkling wine group
Henkell has today closed the acquisition of Freixenet creating the world’s leading sparkling wine group.
As part of the deal, Henkell – the Oeteker Group’s sparkling wine, wine and spirits arm, has acquired 50.7% of Freixenet from the Hevia and Bonet families following the approval of the European Commission.
The Spanish-German co-operation would allow Henkell and Freixenet to access new markets and distribution channels in turn enabling the companies to achieve sustainable growth, a statement released today said.
Following a capital increase by Freixenet’s honoray president, José Ferrer Sala, he and José Luis Bonet will own 50% of Freixenet’s share capital, with Henkel owning the other 50%.
Sala said: “The co-operation with Henkell will not only give continuity to Freixenet – a company renowned for its tradition, but will also strengthen its international leadership in the world of cava.”
The new Freixenet board of directors will be led by the two co-presidents, Bonet and Luis Albert Christmann – general partner of Dr. August Oetker KG. Further members will include Demetrio Carceller Arce – president of S.A Damm, Pedro Ferrer and Andreas Brokemper – spokesman of Henkell’s management, who will both become managing directors.
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