The corporate team at Penningtons Manches has advised Pookchurch Vineyard on its merger with award-winning English wine producer, Bolney Wine Estate. Corporate partner David Kendall, who is based in the Guildford office, led the legal team and was principally supported by corporate associate Hannah McIlwraith.
The neighbouring vineyards in West Sussex will form a 104 acre vineyard, producing an additional 200 tonnes of grapes per year for the estate and increasing its annual wine production volume to around 300,000 bottles by 2022.
David Wood, founder of Pookchurch, said: “Bolney Wine Estate’s passion and culture are the perfect fit for Pookchurch. We’re delighted to be part of such a renowned brand and dynamic business. This is a really exciting period of growth for us, by combining our vineyards we are in a powerful position to expand the brand and facilities across the estate. The merger puts us firmly within the top 10 of English Wine brands.”
This deal is the latest in a series of high profile transactions undertaken by Penningtons Manches’ corporate team, which saw a 50% increase in the volume of transactions in 2018 compared to the previous year.