Henkell Positions For Sparkling　Growth With Cava Acquistion

摘要

Privately owned German wine and spirit producer Henkell & Co.nSektkellerei has announced the acquisition of Spanish Cava producernCavas Hill for an undisclosed price. Henkell's existing focusnon sparkling wine means the move into Cava represents a close fitnwith its current portfolio. While overall sales for the non-champagnensparkling wine sector are not compiled, the results from individualnproducers suggest the sector has grown strongly over the past threenyears thanks to increased demand for affordable sparkling wine.