Madrid, 3 (European press)
Sherpa Capital has announced its entry into the wine sector after signing the acquisition of the assets of the Spanish winery Reserva de la Tierra specializing in marketing and bottling for the medium sector (table wine) in Spain and for export.
This operation, in which Cuatrecasas participated as a legal advisor, is part of the Sherpa Capital wine project that seeks to strengthen and standardize the average portion of Spanish wines.
The goal of the private equity firm in this process is to maximize the intrinsic value of the company through various business tools: strengthening the team, optimizing the company’s commercial structure, maximizing all the opportunities offered by the winery’s current business model and improving operations.
The project, promoted by Sherpa Capital, seeks to create a business platform capable of catering to the needs of major retailers in the mid-segment food sector, both nationally and internationally, leveraging commercial synergies and offering a complete solution to distributors of this product.
During the first phase of the project, Sherpa Capital will focus on restoring and growing Reserva de la Tierra numbers in strategic markets (Spain, USA and China), where the company already has a business structure.
“For Sherpa Capital, the entry of our entity into the wine sector is an exciting milestone that is the cornerstone of our venture in the wine sector. From Sherpa Capital, we will work to give as much a boost as possible to the former land reserve with the aim of being able to add our knowledge to theirs and thus support them in the sector ’,” explained Sherpa Capital’s chief investment officer, Jose Maria de Ritana.