Exworks AS has acquired Excellars AS
The private holding company Exworks AS has acquired the remaining 50% stake in Excellars AS from Kwiik AS. Financial details have not been disclosed.
After the acquisition, Exworks owns 100% of Excellars AS.
ExCellars AS is an independent importer, marketer and sales organization of wine with a leading position in the Norwegian market. The company offers a variety of wines from affordable brands to more limited high-end selections from wine producers in Germany, Italy, France and South Africa.
Oaklins' team in Norway advised the buyer in this transaction.
Talk to the deal team
Related deals
Thrive Freeze Dry has successfully sealed the acquisition deal with Paradiesfrucht GmbH
Paradiesfrucht GmbH, a gobal freeze dryer of fruits, fruit preparations, drops, powders and granulates, has been acquired by Thrive Freeze Dry (Thrive), a portfolio company of Entrepreneurial Equity Partners (e2p) and Mubadala Capital. The transaction is expected to close in 2024, subject to customary closing conditions, including antitrust approval.
Learn moreVarsteel, Ltd. has acquired Pacific Steel, Inc.
Pacific Steel, Inc. has been acquired by Varsteel, Ltd.
Learn moreMBO of Norway’s leading service and technology provider for food production
Tine and Nortura have sold Skala Gruppen AS to the management team.
Learn more