ISIS acquires wine distributor

ISIS has invested £8.2m as part of the transaction alongside senior debt and working capital facilities from HSBC.

Enotria supplies both the on- and off-trade markets with wines from Europe and the New World. Customers range from Sainsbury to Strada and Gordon Ramsay. It has in excess of 1,200 mid to premium priced wines in its portfolio.

The business was founded in 1972 by Remo Nardone and has grown consistently ever since. Today, Enotria is highly regarded as one of the UK’s top suppliers through a combination of exceptional product knowledge, breadth of range and outstanding customer service.

ISIS has backed the existing management team and introduced Clive Beharrell (formerly chairman of Fat Face) as chairman, and Peter Sheridan (ex Allied Domeq) as finance director. Nardone will retain a minority stake in the business.

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• Topics
• Buyouts
• UK / Ireland