These changes will be effective from January 1.
The Spanish-German alliance creates the world’s leading sparkling wine group, allowing Henkell and Freixenet to access new markets and distribution channels.
Freixenet is the leading international sparkling wine brand with strong market positions and sales in 140 countries. The Henkell Group has a wide portfolio of sparkling wines, with market leading positions in many countries, including Mionetto as the best-selling Prosecco globally.
Henkell’s and Freixenet’s joint operations in the US and the UK will start in 2019 as ‘Freixenet-Mionetto’ and ‘Freixenet-Copestick’, respectively.
In 2017, Henkell & Co. Group’s revenues amounted to €702 million; Freixenet S.A. generated €535m in the past financial year. The two companies employ 4,000 people worldwide.
