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Majestic Wine lines up Naked Wines purchase
2015-04-10 11:05:32| Daily beverage news and comment - from just-drinks.com
UK drinks retailer Majestic Wine has agreed a deal to acquire online rival Naked Wines in a deal worth GBP70m (US$103.7m).
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Retailer Majestic Wine is to buy online rival Naked Wines for up to 70 million.
2015-04-10 10:03:24| Beverages - Topix.net
Naked Wines, founded in 2008, runs a crowd funded business where around 300,000 subscribers help fund over 130 independent winemakers in 14 countries in exchange for access to exclusive wines at preferential prices. It generated sales of A 74 million last year, up 40% on a year ago, but made a loss of A 3.3 million.
Majestic Wine is buying online company Naked Wines
2015-04-10 10:03:23| Beverages - Topix.net
Naked Wines, founded in 2008, runs a crowd funded business where around 300,000 subscribers help fund over 130 independent winemakers in 14 countries in exchange for access to exclusive wines at preferential prices. It generated sales of A 74 million last year, up 40% on a year ago, but made a loss of A 3.3 million.
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Majestic Wine to acquire Naked Wines for 70 mln
2015-04-10 10:03:22| Beverages - Topix.net
Majestic Wine PLC said Friday that it will acquire online wine retailer Naked Wines in a cash and stock deal worth up to 70 million pounds , and added that Naked Wines founder, Rowan Gormley, will become the chief executive officer of the combined company. The U.K. wine retailer also said that it expects adjusted pretax profit for the year ended March 31 to total around GBP21 million.
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Majestic Wine buys Naked Wines
2015-04-10 08:54:57| BBC News | Business | UK Edition
Majestic Wine says it is taking over smaller online rival Naked Wines and will appoint its founder as chief executive of the overall company.
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