“Where we are heading is simpler products” – Califia Farms to step up plant-based milk innovation in Europe
Califia Farms’ UK/EU general manager, Damien Threadgold, discusses the brand's approach to innovation in the region in a competitive market.
16 April 2024
16 April 2024
Califia Farms’ UK/EU general manager, Damien Threadgold, discusses the brand's approach to innovation in the region in a competitive market.
The UK winemaker saw a 47% rise in sales volumes of its traditional-method rosé in 2023.
Private-equity giant CVC Capital Partners is looking to raise at least €1.25bn ($1.56bn) through the flotation.
The wine group will acquire Gargalo’s Godella white wine and a selection of its Galician reds as part of the deal.
The Australian distiller said the proceeds would be used for working capital, including to pay down debt.
Reducing its grape-purchasing agreement is the “only option” for Accolade and its growers to remain viable, it said.
The New Zealand-based company said it was “unable to meet” the £2.2m ($2.75m) redemption notice from an entity called INL Investments.
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