Wine supplier gets taste for global expansion after securing £14m funding
A family-run independent wine supplier has secured over £14m in funding from HSBC UK to support its global expansion plans.
London-based Berkmann Wine Cellars plans to use the funding to establish a presence in international markets, as well as strengthen its ability to meet the needs of larger retailers.
Rupert Berkmann, director at Berkmann Wine Cellars, commented: “HSBC UK has really taken the time to understand our business, the people in the business and our needs for the future.
“We want to continue our focus on adding value by selling recognised brands and delivering exceptional service. This deal means we are now in a strong financial position to do so.”
Robert Mitton, relationship director for HSBC UK Corporate Banking in West London, Said: “Berkmann Wine Cellars is a long-established and successful business with an excellent reputation and a consistently strong financial performance.
“We’re delighted to have the opportunity to work with the business to help Rupert build on the business’s strong foundations.
“We have established a great relationship with the team in a short space of time, which has given them the confidence to know that we are here to support them with their growth ambitions.”
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