Major merge of wine investment advisors

The expansion of multinational companies in the wine world looks set to continue as two wine investment companies merge to form Global Wine Partners LLC.

The US-based MKF Group LLP and International Wine Consultants plan a formal launch of their new company next week. The two groups have offices in America, Australia and France.

Calling itself ‘the wine industry’s first global wine-investment bank’, Global Wine Partners LLC aim to provide high-level expertise at the business end of the vineyard.

Vic Motto, head of Global Wine Partners LLC, told Australian newspaper the Sydney Morning Herald he predicts a ‘wave of deal-making during the next few years as large wine companies seek to capture the broad market where prices can range from US$2 to US$200 a bottle.’

NB US$1=€0.796

Written by Oliver Styles