
ISIS-backed Enotria acquires Great Western Wine Company
Enotria has acquired UK wine distributor Great Western Wine Company, with the support of ISIS Equity Partners.
This is the third bolt-on for Enotria since ISIS took control of the company; Enotria acquired Wheeler Cellars and Select Vineyards in July 2008 for an undisclosed amount.
ISIS Equity Partners backed the management buyout of Enotria in 2005. ISIS invested £8.2m in return for a majority stake in the company's equity. The deal was supported by senior debt and working capital facilities from HSBC. Following the transaction, the company's founder retained a minority stake in the business.
Founded in 1983, Great Western Wine is a trade-focused wine distributor based in Bath. The company has sales in excess of £8m and employs around 30 people.
The unquote" team is currently researching this transaction. In-depth deal information for subscribers will follow shortly.
If you have any information regarding this transaction, please contact Grégoire Gille on +44 20 7484 9824 or gregoire.gille@incisivemedia.com
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