Tuesday June 8th, 2004
The wines and liquors chain gains new partners in order to finance its growth and to open 50 stores in 3 years. Molins Capital Inversión has completed its second investment with the purchase of 34.48% of the Catalan chain Vinus Brindis, specialized in the sale of wines, liquors and champagnes. The entrance of the company created by the family Molins Gil, which controls 14.68% of Cementos Molins, allows the family Peribañez, who is the owner of the Vinus Brindis brand, meet its growth estimates. The amount of the transaction has not been disclosed.
At the moment Vinus Brindis owns three shops in Barcelona and expects to reach fifty in three years, 20% outside of Catalonia, the company aims to exceed EUR 14 million in turnover.
Vinus Brindis has also added to its shareholders Arroba Capital, an investment company owned by a Catalan businessman who has acquired 10.35% of the chain, which leaves Peribáñez family with 55.17% of shares. The transaction was managed by Active Capital Partners.
Vinus Brindis opened its first store in late 2002 in Barcelona’s district Gràcia. According to Santiago Peribañez, its founding partner, Vinus seeks to recover the concept of the old wine cellar where wine is sold in bulk, but with a modern touch. The company offers over 700 different wines and liquors but most importantly, advises the client.
“We also promote proximity, because we are a neighborhood store with affordable prices,” explains Peribáñez. Although Spain consumes half of wine per capita comparing to France and sales have been declining Peribáñez believes in the success of his formula.
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