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Henkell Freixenet buys remaining shares in Freixenet
Yahoo Finance· 2026-03-04 13:06
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].
X @The Wall Street Journal
Cheap Cava has flooded the market for so long, our expectations for the Spanish sparkling wine—and the amount we’ll pay for it—tend to be low.Our columnist found 5 quality bottles that over-deliver for the price. https://t.co/1iU8yprqN7 ...