SPAIN: Freixenet Purchases Yvon Mau
Spanish cava and still wine producer, Freixenet, has acquired Bordeaux based, Yvon Mau, for a sum reported to be around € 23.6m (US$20.9m) making it the world's tenth biggest wine company. Yvon Mau had a sales turnover of € 84m in 2000 and sold more than 54% of its 3m cases in more than 60 countries.
September 6, 2001