Joris Snelten (CEO, Delta Wines):
“The company is able to secure a sustainable market position by embedding important core values in the organisation: the most innovative assortment management with the right wines, healthy margins throughout the value chain, extensive knowledge of the market and the best possible service. With Navitas we have secured a partner to support Delta Wines in further professionalisation through amongst others data analytics and category management.”
The addition of Navitas Capital as a shareholder provides the opportunity to further accelerate the execution of the company’s strategy: strengthen the leading market position as an efficient, digitally optimised distributor of wine in existing markets and actively expand through targeted national and international growth.
Ralph Zopfi (Managing Director, Delta Wines):
“We are looking forward to start a new chapter with Delta Wines. We were keen to add a solid and long-term partner to the Delta Wines shareholder base to further support the ambition of (international) growth. We are confident that Navitas Capital is the right partner for us with a philosophy that fits the company culture and mission. In addition we see many fields of expertise that Navitas Capital brings to the table that can support Delta Wines’ growth ambition.”
The entrepreneurial mindset, long-term vision and excellent market reputation are the common ground for Delta Wines and Navitas Capital. The DNA of both parties reflects many similarities, the starting point being that excellent daily operations and building long-term relationships with all business partners are the backbone of sustainable success.
Ernst-Jan Koziolek (Investment Director, Navitas Capital):
“We are impressed by the market position and degree of professionalism within the Delta Wines organisation. The company is led by a highly committed and ambitious management team. Delta Wines is excellently positioned to further build on its success and track record. We are looking forward to contribute to the further growth through our knowledge and experience with regard to logistics, category management, use of data and (international) growth strategy.”
* The intended transaction is subject to approval from the relevant authorities.