Ehrmanns in take over
Published: 21 July, 2009
UK-based wine company Ehrmanns has been bought out by wine investment fund Global Vintners.
UK-based wine company Ehrmanns has been bought out by wine investment fund Global Vintners.
The development will allow the wine supplier to resolve debt issues that have been hampering its development.
Ehrmanns admitted that it has been seeking ways to secure the long-term future of the business.
Chairman Peter Dauthieu said that the takeover would create new business opportunities.
"The acquisition by Global Vintners does this and offers the best deal to protect the interests of our employees, suppliers and customers," he said.
The investment fund, which has assets in Spain and the UK, will enable Ehrmann's to trade debt free.
Keywords:
Search
© Agile Media Ltd 2024. All rights reserved. Agile Media Ltd. Registered office:
56-58 Church Walk, Burgess Hill, West Sussex, RH15 9AN
Registered in England No. 6646125. VAT No. 938 4452 95
56-58 Church Walk, Burgess Hill, West Sussex, RH15 9AN
Registered in England No. 6646125. VAT No. 938 4452 95
