Premium wine brand eyes new international markets in expansion drive
Roffe Swayne’s Corporate finance team recently assisted Bolney Wine Estate. The Sussex vineyard, secured additional investment to fund further growth and expansion into new markets from a private investor.
The sector is predicting rapid growth. As a result, the increasing demand for English wines is presenting significant investment opportunities.
Bolney Wine Estate
Bolney’s award-winning wines are sold in Waitrose and Marks & Spencer. Their Pinot Gris is served at at Wimbledon and also first class passengers on British Airways trans-Atlantic flights can enjoy a glass too. They are developing new wine making facilities so they can launch their award-winning wines into Asian, Scandinavian and US markets.
The family-owned business is set to see production double by 2020 thanks to the injection of capital by a private investor. Sam Linter, Managing Director and master wine maker said; “this new investment is us responding to market demands. We are seeing increasing confidence in both English wine in general and our high-end still and sparkling product.”
The wine industry
This year the English wine market has outperformed many traditional wine markets, as pointed out by the Independent in their overview of the sector in May this year. English wines garnered 120 medals at this year’s International Wine Challenge and many of England’s sparkling wines gave champagne a run for its money. Sales of English wines are flying off the shelves in Waitrose, Sainsbury’s and Marks & Spencer and licence applications to HMRC for new vineyards have increased by 40 per cent in the past year alone. Apparently, the French are now interested in our market with premium label Tattinger investing in the English wine scene late last year. Tattinger purchased 69 hectares of farmland in Kent – a joint venture with other investors, such is the fertile nature of England’s soil.
In their top 16 wines survey, Bolney’s Pinot Noir 2014, came in at number 4. Beating many whites and sparkling wines from other well-known vineyards. Hopefully this additional investment will see them go from strength to strength.
Roffe Swayne’s corporate finance team commented; “Bolney is a really strong brand in the UK. A number of their premium wines rank highly by UK wine writers. So there is a lot of interest in them as an investment vehicle. Their business model is sound and we predict they will have success overseas. English wines are now considered to be a match for some of the best in the world.”