Britain’s biggest winemaker has been put up for sale as part of a strategic review looking at ways to fund its long-term growth plans.
The sale of Chapel Down Group, which listed its shares at 55p on Aim as recently as December, is expected to attract interest from international winemakers as well as financial players.
The company said: “The board will consider all alternatives, including investment from existing shareholders, investment from new shareholders, a sale of the company, and other relevant transactions.”
When Chapel Down listed on Aim it said it wanted to invest in new vineyards, a new purpose-built winery near Canterbury, which it now expects to be operational for the 2026 harvest subject to planning, and a visitor centre at its base in