CrestPrecise completes acquisition of all substantial assets of Chateau le Grand Vostok winery (AO Aurora)
Moscow, July 17, 2019 CrestPrecise, one of the leading M&A advisors in Russia and the CIS, completes the acquisition of all substantial assets of Chateau le Grand Vostok winery (AO Aurora), acting in the capacity of exclusive financial advisor to Mistral Group.
Successfully completed after years of lasting negotiations due to continued macro and asset-specific turbulence, this transaction yet again proves CrestPrecise’s long-term institutional commitment to clients’ success.
About Mistral Group:
Mistral Group, engaged in production of crops, cereal, confectionary and exclusive distribution in Russia of premium food products from major global producers, is one of the leaders in the Russian FMCG space.
Mistral Group is also one of the major players in the Russian alcohol products sector, exclusively importing to and distributing in Russia fine wines and spirits from Abkhazia, France, Italy, Spain, Argentina and other parts of the world.
About Château le Grand Vostok (AO Aurora):
Founded in 2003 in Krasnodar region of Russia, Château le Grand Vostok is the first Russian winery built to produce premium wines to the highest standard of French winemaking. Château le Grand Vostok winery with total capacity of c. 800 thousand bottles of fine wines per year was designed by Philippe Mazieres, the famous French architect specializing in wineries and wine cellars. Château le Grand Vostok also operates c. 120 ha of vineyards planted with premium Mercier nursery vines.