Sorainen has advised Henkell Freixenet on its full takeover of Henkell Freixenet Lietuva, formerly Filipopolis.
According to Sorainen, Henkell Freixenet is the world’s leading sparkling wine producer, while Filipopolis is among the largest alcoholic beverage importers and distributors in Lithuania. After acquiring a majority stake in Filipopolis, in 2018, Henkell Freixenet has now become its sole shareholder.
“With the acquisition of Filipopolis, we have completed our Baltic cluster. In only three years we were able not only to almost double our business but also to make our strategic brands Freixenet and Mionetto leading Prosecco and Cava brands in the Baltic States,” commented Henkell Freixenet CEO Andreas Brokemper.
The Sorainen team was led by Partner Sergej Butov and Associate Laura Matuizaite.