Leading global wine company Accolade Wines has expanded its UK portfolio with the acquisition of Lambrini.
Created almost three decades ago, Lambrini is the number one producer of Perry, or pear cider, in the UK. The brand will join Accolade Wines’ diverse portfolio, including popular wine labels Hardys, Echo Falls, Jam Shed, St Hallett, Grant Burge, and House of Arras.
The acquisition of Lambrini from current owner Halewood Artisanal Spirits plc, is part of the ambitious sustainable growth strategy being pursued by Accolade Wines in the UK. It marks the company's third acquisition in the past year, following the purchase of Katnook Estate and Rolf Binder Wines in Australia.
“Accolade Wines is delighted to welcome Lambrini into its portfolio," said Accolade's CEO Robert Foye.
“Lambrini has such a strong heritage and is loved by British consumers,” he said. “We are excited about the role the brand will play in our broader strategic growth plans for the UK and Europe.”
“We believe this acquisition is a great thing for the industry and the consumer as we continue to invest in our partnerships, innovate the category, and deliver products that excite the consumer," added MD Europe, Caroline Thompson-Hill.
Halewood Chief Executive Officer Stewart Hainsworth said: “The sale of Lambrini marks the final stage in our corporate strategy to focus on our core portfolio of artisanal spirits with award-winning brands including Whitley Neill Gin and JJ Whitley Vodka as part of a larger emphasis on the gin, vodka, rum and whisky categories from our 12 artisanal distilleries.”
