Berry Bros & Rudd and Atlantis Wine Holdings to acquire Hambledon Vineyard for £22.3m.

Berry Bros & Rudd, a family-run British wine and spirits merchant, and Atlantis Wine Holdings, a company holding various firms engaged in the retail distribution of alcoholic and other beverages, offered to acquire Hambledon Vineyard, an English wine producer, for £22.3m. "Berry Bros & Rudd and Symington Family Estates are organisations with longstanding experience and good reputation in the international drinks industry. They know the Hambledon business well and have committed to invest in it going forward. Their strengths in wine growing, branding and distribution inter alia are positives for our stakeholders going forward. I want to thank our shareholders for their belief and loyal support over the years. Much to be proud of has been achieved by Hambledon and the quality of wine has met with international accolade. All of that said, the challenges we face mean now is the time to hand over the reins to a well-capitalised, well-resourced group," Martin Robinson, Hambledon Chair.