The Swiss hotels and restaurants group, Moevenpick, has said that it is to scrap plans to sell its wine operations.
The company said last year that it was planning to sell the wine business which comprises a distribution arm, which sells wine to restaurants and bars in Switzerland and Germany, a chain of wine bars under the banner of Moevenpick Caveaux and a string of retail outlets.
Moevenpick’s wines sales stood at SF138m in 2001. At one stage, it had been suggested that the Australian beer and wine concern, Foster’s Group, was interested in buying the Swiss company’s wine operations.
Sign up for our daily news round-up!
Give your business an edge with our leading industry insights.
Just Drinks Excellence Awards - Nominations Closed
Nominations are now closed for the Just Drinks Excellence Awards. A big thanks to all the organisations that entered – your response has been outstanding, showcasing exceptional innovation, leadership, and impact.
Excellence in Action
De Kuyper Royal Distillers’ De Kuyper Batched 0.0% range has won both Innovation and Product Launches honours in the 2025 Just Drinks Excellence Awards. Learn how these premium, non-alcoholic RTD cocktails help operators serve consistent, bar-quality drinks while tapping fast-growing demand for sophisticated alcohol-free options.
Discover the Impact
