Freixenet Copestick Offloads Slurp Wine Company to Waud Wines
Deal News | May 19, 2025 | Hill Dickinson
Hill Dickinson, a prominent commercial law firm, has successfully facilitated the divestment of Slurp Wine Company from its parent company, Freixenet Copestick, to the buyer entity Waud Wines. Freixenet Copestick is noted as a leader within the sparkling wine industry, seeking strategic restructuring that reflects its evolving business priorities. The sale sees Freixenet Copestick refining its portfolio by offloading Slurp, a subsidiary company, to Waud Wines. This transaction furthers Waud Wines' expansion within the UK wine market.
Sectors
- Alcoholic Beverages
- Legal Services
Geography
- United Kingdom – All companies mentioned, including Freixenet Copestick, Slurp Wine Company, and Waud Wines, operate within the UK market.
Industry
- Alcoholic Beverages – This relates to the production and distribution of alcoholic drinks, relevant here as the companies involved specialize in wine production and distribution.
- Legal Services – Hill Dickinson is a commercial law firm providing advisory services related to the transaction.
Financials
- – No specific financial details such as deal price or valuation were disclosed in the article.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Freixenet Copestick | Selling Company | Company | A leading company in the sparkling wine industry. |
| Slurp Wine Company | Target Company | Company | A subsidiary of Freixenet Copestick, specializing in wine retail. |
| Waud Wines | Bidding Company | Company | This company has acquired Slurp Wine Company to expand its market presence. |
| Hill Dickinson | Legal Advisor | Company | A commercial law firm advising on the sale. |