Purcari Wineries, Moldova’s most prestigious and successful winery, has lodged a binding offer to acquire Romanian competitor Serve Ceptura.
Serve’s winery in Ceptura is 1.5 km from Purcari’s Crama Ceptura winery in southeast Romania, and the proximity “enables immediate operational synergies, improved efficiency across the value chain, and consolidates Purcari’s Dealu Mare platform”, he added.
“By uniting two producers deeply committed to authenticity and terroir, while leveraging Purcari’s scale and international reach, we aim to further strengthen Romania’s presence on global wine markets.”
Serve Ceptura which was set up in 2004 includes the brands Cuvée Charlotte, Terra Romana and Vinul Cavalerului.
The business is based in the commune of Ceptura in Prahova county, within the Dealu Mare wine-making area. It produces almost 0.5 million bottles a year.
Purcari is one of the largest wine groups in central and eastern Europe and includes Château Purcari and Domeniile Cuza in Moldova, Crama Ceptura in Romania and Angel’s Estate in Bulgaria.
In July, Polish food and beverage group Maspex acquired Purcari through a voluntary takeover offer valuing the company at about $136m.
Bostan owns 15% of Purcari, while more than 3,000 institutional and retail investors make up the rest of the shareholder base.
