Cadman Capital Group has purchased Alder Ridge Vineyard, a producer of traditional method English sparkling wine for more than nine years.
Located in Berkshire, UK, the vineyard increases Cadman’s land under vine ownership to over 130 acres, positioning the group as one of the leading land owners in the sector.
Robin Langton, managing director of Cadman’s beverages portfolio, said: “We are delighted to welcome Alder Ridge to the group. With its award-winning reputation and successful wine tourism business, it represents a great addition to our business as we look to strengthen our portfolio with high-performing businesses.”
The acquisition also secures distribution of Cadman’s existing beverage brands across the Cobbs Farm Shops estate, the former owner of Alder Ridge.
Financial terms of the deal were not disclosed.
© FoodBev Media Ltd 2022
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