Western Wines
a leading supplier of wines and the UK's largest branded supplier of South African wine, was acquired by Bridgepoint in 2002. It was also the UK agent for Cono Sur, a premium Chilean wine brands, and a substantial supplier of Italian wines to major retailers in the UK.Investment overview
| Sector | Location | Acquired | Deal size | Exit date |
|---|---|---|---|---|
| Consumer | UK | 2002 | €84m | 2004 |
Bridgepoint was attracted not only by the calibre of its management but by the strength of the brands within its 400 strong portfolio and its focus on the high growth segments of the UK wine market.
As a result of the growth and brand dynamics of the business, and the company's competitive position with multiple grocers, the business attracted the interest of Vincor International Inc, North America's fourth largest producer and marketer of wines, and it was subsequently sold to it in 2004.