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Breaking News: Enotria acquires Coe Vintners

Published:  03 August, 2015

One of the UK's leading premium wine distributors announced it has acquired competitor Coe Vintners.

"We are delighted to be working with the Coe family and their team. Coe Vintners has built a fantastic business as the UK's leading wholesaler of premium on-trade Champagnes, wines and spirits," said Enotria's chief executive officer, Troy Christensen.

Enotria has made significant investments over the last year in new facilities and systems in Park Royal. The new warehouse is 80,000 sq ft. With the addition of Coe Vintiner's portfolio offering, the larger company will be in a stronger position to compete.

Christensen said: "We have made significant investments at Enotria over the last year, in warehousing and in people. Couple this with nationwide distribution, award-winning customer training programmes, and category insight and design support, and this means that we are now in a strong position to enhance and develop the premium business of the two companies."

John Coe and Christensen agreed that a similar philosophy and complementary wine portfolios made the two companies a good fit.  Christensen said: "There are many complementary aspects with the Enotria business, and together we can provide customers with a market-leading offering and quality service proposition."

Coe said: "The premiumisation of our business and our philosophy to create trusted relationships with both customers and suppliers make Enotria the perfect partner."

Further Coe said the deal also will help Enotria to further grow in the future. He said: "This investment signals a strong statement of intent for the business. Enotria are looking to grow strategically and sustainably, creating value for customers, suppliers and personnel. This move is a critical component of the strategy that will drive the business objectives."