BPV Braun Partners has advised online wine retailer 8Wines Czech Republic s.r.o. on its acquisition of a 10% stake in Purcari Wineries Plc. Peterka & Partners advised the seller.
Financial details of the transaction were not disclosed.
Purcari Wineries is a producer of wine and brandy in CEE. The company manages approximately 1,300 hectares of vineyards and operates four production platforms in Romania and Moldova.
According to BPV Braun Partners, under the agreement, 8Wines is granted the right to further increase its stake in the company on pre-determined terms.
BPV Braun Partners’ team included Partner Pavel Vincik and Senior Associate Filip Balousek.
Peterka & Partners’ team consisted of Partner Zdenek Beranek and Senior Associate Stanislav Beran.