In its first annual tasting since the Coterie Holdings takeover, Hallgarten & Novum Wines welcomed well over 1,000 visitors to Lindley Hall, London, to sample the breadth and depth of its portfolio.
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Specialist wine importer Hallgarten & Novum Wines has been appointed exclusive UK distributor for Vietti, the Piedmont family producer famed for its crus in Barolo and Barbaresco.
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From five years of “looking into the abyss”, Hallgarten’s future has been assured by a serious, if somewhat mysterious, new player in the form of Coterie Holdings. Jo Gilbert caught up with Andrew Bewes, MD of the former, and Michael Saunders, CEO of the latter, to peer beneath the surface of this major new deal.
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Coterie Holdings, the holding company for Lay & Wheeler and Hallgarten & Novum Wines, has formally announced the launch of its wine lending platform Jera.
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The sale of leading specialist importer Hallgarten & Novum Wines from the Pieroth family has been five years in the making, Harpers has learned. Now, as it moves its portfolio of premium on-trade accounts and producers to Coterie Holdings, a new chapter is in store for both businesses as they look to bolster their portfolios and advance their march into the fine wine market, with Coterie, in particular, looking to establish its hold as a key player in the nation’s top restaurants.
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Hallgarten & Novum Wines has been purchased by Coterie Holdings, joining Lay & Wheeler, bonded warehousing Coterie Vaults and wine lender Jera in a growing fine wine portfolio.
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Coterie Holdings, the holding company for fine wine merchant Lay & Wheeler, bonded storage facility Coterie Vaults, and wine lending business Jera, has announced the appointment of Michael Saunders as its CEO.
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