Henkell Freixenet buys remaining shares in Freixenet

Core Viewpoint - Henkell Freixenet has acquired full ownership of Freixenet, increasing its stake from 50% to 100% through a mutual agreement with the founding Ferrer family and José Luis Bonet, although financial details of the transaction were not disclosed [1]. Group 1: Ownership and Transaction Details - Henkell Freixenet's acquisition of Freixenet marks the completion of a process that began in 2018 when Henkell & Co acquired 50.67% of Freixenet [1][2]. - Following a capital increase by José Ferrer Sala, he and José Luis Bonet collectively held 50% of Freixenet's share capital, with Henkell holding the other 50% prior to the full acquisition [2]. Group 2: Leadership and Future Plans - Andreas Brokemper, CEO of Henkell Freixenet, emphasized the evolution of a collaborative relationship into a unified team focused on developing the Freixenet brand and enhancing its international market position in the sparkling wine segment [3]. - Pedro Ferrer and José Luis Bonet will continue their roles as "honorary" presidents, with Ferrer also representing Freixenet in various institutions [3][4]. - The acquisition is expected to ensure continuity for Freixenet while enhancing its reputation and accelerating its growth as an international masterbrand [5].