Announced

Carlyle-backed Codorniu acquired Gleva Cellars.

Synopsis

Carlyle-backed Codorniu acquired Gleva Cellars, a Spanish wine producer. Financial terms were not disclosed. Ramón Raventós (43), CEO of Gleva Cellars, will become CEO of the combined entity. He has extensive experience in the cava and wine industry and, under his leadership, Gleva Cellars have experienced important developments of its vineyards, positioning its brands as a reference in the Premium segment.

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