Paris, Huizen – 4 July 2017. French agricultural cooperative group announces the completion of its acquisition of Dutch-based Baarsma Wine Group. InVivo Group has bought a 100% share in Baarsma Wine Group from private equity firm AAC Capital Partners. With the acquisition of Baarsma Wine Group, InVivo Group intends to significantly grow its international wine activities.
Previously, in June, competition watchdog ‘The Netherlands Authority for Consumers and Markets’ (ACM) said it would not raise objections to the intended acquisition or impose an authorisation requirement, as it did not see any reason to assume the acquisition would significantly hinder effective competition in the Dutch market.
Baarsma Wine Group will continue to operate autonomously and under its own name as part of Invivo Wine, InVivo Group’s pre-existing wine division. Baarsma Wine Group’s directors have joined the group management board of InVivo Wine.