Vulture fund in the running to buy Majestic Wine’s 200 British stores

Vulture fund in the running to buy Majestic Wine’s 200 British stores NewsNow: Majestic wine headlines | Every Source, Every Five. – Vulture fund that drove Comet into the ground in the running to buy Majestic Wine ‘s 200 British stores This is Money 00:27 22-May-19 Vulture fund in the running to buy Majestic Wine ‘s 200 british stores daily mail 23:57 21-May-19

Majestic Wine-owned etailer naked wines has smashed through the 100m annual sales barrier for the first time in its history. The crowd-funding platform, which was acquired by Majestic last April, has hit the key milestone since the start of the financial year on March 31, 2015.

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Majestic Wine began its existence in 1980 as Majestic Vintners, opening its first wine warehouse in Wood Green, North London. Now it’s the biggest wine retailer in the UK. And, whether you’re stocking up for the future, organising an event or getting ready for a relaxed get-together with friends or family, Majestic Wine is your go-to supplier.

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Majestic Wine shops and warehouses sold to US firm in 100million deal. The UK’s largest wine retailer has decided to sell all its shops, warehouses and spare properties and focus 100% on online.

Wines Unearthed at London Wine Fair – who’s there Wines Unearthed is a new area of the London Wine Fair, specifically for wineries looking for distribution. You will find 60 exhibitors and more than 70 wineries from 19 different countries.

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LONDON–Majestic Wine PLC (MJW.LN) said Friday that it will acquire online wine retailer Naked Wines in a cash and stock deal worth up to 70 million pounds ($103.65 million), and added that Naked.

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