Sogrape completed its acquisition of a majority stake in Liberty Wines.

Sogrape, a Portugal-based wine producer, completed its acquisition of a majority stake in Liberty Wines, a premium wine company. Champagnes Charles Heidsieck, Piper-Heidsieck and Rare has taken a minority stake in Liberty Wines. Financial terms were not disclosed. There are strong synergies between Sogrape and Liberty Wines: both are independently-owned companies whose sharp focus on quality and consistent long-term approach have delivered proven business success. “The UK is one of Sogrape’s priority markets and through Liberty Wines we are gaining significant visibility and representation for our wines, notably in the premium on-trade. We are delighted with their achievements over the past two years and are pleased to demonstrate our commitment by creating closer ties with David and the Liberty Wines team.”Fernando da Cunha Guedes, Sogrape President.