Germany: Henkell takes majority stake in Freixenet
Henkell, the German subsidiary of the Dr. Oetker group specializing in wines and spirits, has announced the acquisition of 50.67% of the shares Spanish firm Freixenet, in a move that is claimed will create the world’s leading sparkling wine group. Henkell said the companies respective portfolios and international presence would “complement each other perfectly”. “While Freixenet stands […]