FRANCE: IWIF ups stake in Laroche

By just-drinks.com editorial team | 9 April 2002

The International Wine Investment Fund (IWIF) has upped its stake in the French wine producer Group Laroche and says it is prepared to take its investment furhter under the right conditions. The IWIF, controlled by Berren Asset Management, has almost doubled its stake from 4.1% to 8.1%, an investment worth A$1.1m. The Fund has already invested some $1.3m in Laroche.

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The International Wine Investment Fund (IWIF) has upped its stake in the French wine producer Group Laroche and says it is prepared to take its investment furhter under the right conditions. The IWIF, controlled by Berren Asset Management, has almost doubled its stake from 4.1% to 8.1%, an investment worth A$1.1m. The Fund has already invested some $1.3m in Laroche.

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