Anna Gorkun, the founder of the premium Ukrainian wine brand 46 Parallel, has signed the first M&A agreement in the Ukrainian wine industry in the last 15 years and attracted an investor – the international group of companies Vinos de La Luz, which is known for its wineries in the USA, Argentina, Spain and Italy.
“A little less than a month ago we signed an agreement under which all 100% passed to the new owners – Vinos de La Luz, a group of companies that owns production facilities in the USA, Argentina, Spain and Italy. This is a significant event not only for the company itself, but also for the Ukrainian economy as a whole. The very fact that during the war a foreign investor acquires Ukrainian business and intends to develop it exactly in Ukraine, with a Ukrainian team and supporting the philosophy of the brand to remain Proudly Ukrainian is a victory and a huge achievement,” Gorkun wrote on Facebook.
She noted that thanks to the agreement, the trademarks of 46 Parallel Wine Group (in particular, Grand Admiral, El Capitan and Apostrophe) are now part of the global portfolio of Vinos de La Luz, which has more than 100 years of history of wine production.
46 Parallel Wine Group is incorporated in 2019 in Kiev. Under Gorkun’s leadership, the company’s wines have won more than 115 medals at reputable international and national competitions. The company also represents Ukraine on the world stage, in particular at the Wine Museum in Bordeaux (France). At the time of signing the agreement, the company’s products were represented on the markets of Ukraine and Japan.
According to Opendatabot, the company’s revenue in 2023 amounted to UAH 5.473 million, which is 1.8 times less than in 2022 and 3.4 times less than pre-war 2021. Net loss in 2023 amounted to UAH 698.3 thousand compared to UAH 2.64 million net profit in 2022. The company’s assets in 2023 decreased by 23.3% to UAH 9.464 mln, and debt obligations by 33.3% to UAH 4.35 mln. The authorized capital is UAH 845 thousand.
The beneficiary of the company since December 2014 is Natalia Burlachenko through Big Wines LLC, which owns 100% of shares of Parallel Wine Group LLC 46.
Vinos de La Luz is an international group of companies with its own wineries in the United States, Argentina, Spain and Italy, with more than a century of experience in winemaking. The group actively develops wine brands of different origins and is present in numerous global markets.
