Vinoteca acquired by Breal Capital
The group, which operates five London venues, has been bought by London-based investor Breal Capital.
Last week Vinoteca’s future was uncertain after it filed a court notice of its intention to appoint administrators to secure breathing space from creditors.
The group operates five London sites in Chiswick, Borough Yards, Farringdon, the City and King’s Cross. In July last year it made its first move outside of the capital to Birmingham but the venue closed in May after less than a year.
“Vinoteca is a premier destination for wine enthusiasts, offering an exquisite collection of fine wines from around the world, complemented by an exceptional culinary experience,” says a Breal Capital spokesperson.
“Beyond its outstanding collection of wines and delectable cuisine, Vinoteca distinguished itself through its commitment to education. The establishment will continue to host a series of events, workshops, and tastings led by industry experts, allowing guests to deepen their appreciation and knowledge of the world of wine.
“Each bottle of wine has a story to tell. We are delighted that Vinoteca can continue to share these stories.”
In May this year Breal Capital bought north Yorkshire-based Black Sheep Brewery out of administration.