Anora closes the acquisition of Globus Wine A/S

Anora Group Plc   Press release   1 July 2022 at 1:30 pm EET

Anora closes the acquisition of Globus Wine A/S

Anora has today closed the acquisition of Globus Wine A/S, the leading wine company in Denmark. The acquisition was announced on 22 June 2022.

As a continuation to the merger last fall, the acquisition of Globus Wine strengthens Anora’s position as the leading wine supplier in the Nordics. With the acquisition, Anora will become the market leader in the Danish wine market in addition to its leading position in the other three Nordic countries. Furthermore, the acquisition will support the expansion of Anora’s partner and own wine businesses across the Nordics.

Purchase price and financing of the acquisition

The purchase price was DKK 596.4 million (EUR 80 million) which equals an enterprise value of DKK 669.6 million (EUR 90 million). The purchase price was paid in cash and financed with debt.

Globus Wine A/S adjusted key figures

Anora will consolidate Globus Wine to Anora Group as of Q3 2022.

	2021	2020
Net sales, DKK million	549.6	530.1
Adjusted EBITDA*, DKK million	66.2	51.9
Adjusted EBITDA margin, %	12.0%	9.8%
Net sales split by line of business: own brands 63% and filler 37%

*) EBITDA adjusted by IFRS 16 accounting for leasing in line with Anora accounting principles.

Globus Wine employs 139 people in Denmark and they will continue as employees of Globus Wine. 

ANORA GROUP PLC

Further information:

Pekka Tennilä, CEO

Sigmund Toth, CFO

Contacts:

Tua Stenius-Örnhjelm, Investor Relations, tel. +358 40 748 8864

Distribution:

Principal media

www.anora.com