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Henkell & Co. Sektkellerei and Freixenet S.A. intend to manifest their growing together with a new name and a common logo for the holding company, the former Henkell & Co. group. From 1 January 2019 it will bear the name Henkell Freixenet. A few weeks ago, Henkell & Co. acquired a 50.7 per cent majority stake in the cava producer.

According to Henkell, the Spanish-German alliance will create the world's leading sparkling wine group, which will give both companies access to new markets and distribution channels. According to Henkell, Freixenet is "the leading international sparkling wine brand with strong market positions and sales in 140 countries". The Henkell Group has "a broad sparkling wine portfolio with leading market positions in numerous countries, including Mionetto as the world's best-selling Prosecco".

The joint businesses of Henkell & Co. and Freixenet in the USA and Great Britain will start in 2019 as "Freixenet Mionetto" and "Freixenet Copestick". In 2017, the turnover of the Henkell & Co. Group amounted to 702 million euros, Freixenet generated 535 million euros in the last financial year. The companies together employ 4,000 people worldwide.

(uka - Photo: Freixenet)

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