Fine wine company Coterie Holdings has strengthened its potential to broaden its market footprint and diversify its offerings with the acquisition of Global Wine Solutions, a leading provider of fine wine and spirits to the superyacht industry. The strategic partnership marks a significant milestone for both organisations, the company said, “enhancing their combined ability to deliver exceptional quality, expertise and innovation across the global wine supply chain”. This will include creating new opportunities for growth, as well as improved operational efficiency alongside “the ability to meet the evolving demands of global wine consumers with a notable impact on the high-net-worth customer, most immediately in the exciting and growing Superyacht sector”, a statement said. Although Global Wine Solutions will be able to leverage Coterie Holdings network, resources and market expertise to expand its reach and the services it offers high-net worth clients, it will continue to operate under its existing brand under its founder and CEO, Liam Steevenson MW and its current leadership team. Michael Saunders, CEO of Coterie Holdings, called Global Wine Solutions “a natural fit for Coterie Holdings”, noting their expertise in sourcing and distributing fine wines and spirits to very specific customer sectors, which “aligns perfectly with our vision for growth and delivering excellence across the industry”. He also spoke warmly of his 20-year relationship with Steevenson. “I have watched him innovate and execute consistently within the constraints of a normally traditional industry, so to bring him into the team, along with his obvious wine knowledge is
This Article was originally published on The Drink Business - Fine Wine
