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Henkell and Freixenet join forces to create world’s leading sparkling wine group

Published:  01 August, 2018

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.