Ridgeview Acquired by Quantum Beverage Led Consortium

Harpers Wine & Spirit Trade News reports that Ridgeview Wine Estate has been acquired by QBRidge Ltd, an investor consortium led by Quantum Beverage Co, with Gregg Ainsworth appointed CEO and Allan Beattie becoming CFO, while long time CEO Tamara Roberts steps down and head winemaker Simon Roberts stays on. Insider Media and FRP Advisory add that the Sussex producer, founded in 1995 and based in Ditchling, was sold out of administration after financial pressures, the sale completed on 11 February, all staff transferred, and the new owners have promised business as usual for customers and suppliers.