Henkell Freixenet takes over Filipopolis completely

Henkell Freixenet takes over Filipopolis completely

Wiesbaden (Germany), Kaunas (Lithuania), 20.08.2021 – After acquiring a majority stake in the Lithuanian distribution specialist Filipopolis in 2018, Henkell Freixenet is now also taking over the remaining shares. Filipopolis, now operating under UAB Henkell Freixenet Lietuva and based in Kaunas, is one of the leading importers and distributors of alcoholic beverages within Lithuania.

Since the acquisition, Filipopolis has added Henkell Freixenet brands to its portfolio and thus capitalised on the positive sparkling-wine trends with Prosecco, Crémant and Champagne within its home market. Henkell Freixenet Lietuva focused particularly on the successful distribution of Mionetto Prosecco, the world's best-selling Prosecco, and the world's best-selling Cava brand Freixenet, as well as on the further growth of the existing product portfolio, thus demonstrating excellent business development with steady growth - even in times of crisis. In addition to portfolio expansions, the reason for the successful business development was the professional team and the agile corporate culture, which paved the way for a successful integration into the Henkell Freixenet Group.

“With the acquisition of Filipopolis we completed our Baltic cluster. In only 3 years we could not only almost double our business, we also made our strategic brands Freixenet and Mionetto leading Prosecco and Cava brands in the Baltic States. I like to thank the team for this great success and I´m sure we will keep the strong momentum for the future” said Dr. Andreas Brokemper, CEO of Henkell Freixenet.

Liudas Zukaitis, Business Development Director of Henkell Freixenet Lietuva, said: “The partnership with Henkell Freixenet over the past three years has enabled us to successively grow our business. By becoming part of the group, we now have access to an attractive international sparkling wine, wine and spirits portfolio. We are all very pleased with this fantastic development.”

Ruta Zukaityte, the company’s Managing Director, added: “Sparkling wine is an established category within Lithuania and the import segment is growing steadily. With new brands and products such as Mionetto Prosecco and Freixenet Cava, we want to make the categories even more attractive for Lithuanian customers.”