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Chapel Down considers sale as winemaking trade sparkles
June 26, 2024
|The Guardian
Britain's biggest wine producer, Chapel Down, is considering raising cash and even putting itself up for sale to fund more vineyards and build a new winery in a booming industry transformed by rising temperatures and tax breaks.
Chapel Down in Kent, which was founded in 2002, is Britain's bestknown producer. It is expected to make 3.4m bottles of sparkling and still wines from last year's harvest and is looking for more funds for its growth strategy, which includes investing in new vineyards, a new winery to be up and running for the 2026 harvest and the development of its wine estate at Tenterden.
It said: "As part of the review, the board will consider all alternatives, including investment from existing shareholders, investment from new shareholders, a sale of the company and other relevant transactions."
هذه القصة من طبعة June 26, 2024 من The Guardian.
اشترك في Magzter GOLD للوصول إلى آلاف القصص المتميزة المنسقة، وأكثر من 9000 مجلة وصحيفة.
هل أنت مشترك بالفعل؟ تسجيل الدخول
المزيد من القصص من The Guardian
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