FRANCE: Ackerman adds to Loire Valley footprint with acquisition
Ackerman has acquired fellow Loire Valley wine producer Les Celliers du Prieuré/Valentin Fleur for an undisclosed sum.
An Ackerman spokesperson confirmed to just-drinks the company has bought the family-owned producer's entire assets, including around 20 hectares of vineyards, the estate and winery. Celliers du Prieuré/Valentin Fleur, which employs around 50 staff, has an annual turnover of EUR14m (US$19m).
It will add to Ackerman's own turnover of around EUR50m, of which 55% is accounted for by sparklng wines such as Crémant de Loire, Saumur and Vouvray.
Founded back in 1811, Ackerman has an annual output of 26m bottles and employs around 150 staff.
Last year, the company launched three varities of a zero-alcohol, zero-calorie wine called Affinity.
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