Majestic Wine has confirmed the sale of its commercial and retail business to asset management firm Fortress Investment Group for £100 million.
Following the sale of UK retailer Majestic Wine to equity firm Fortress Investment Group for £100 million, WLC rounds up the reaction and presents details of Majestic’s plans going forward.
Vagabond is set to open its sixth site on the Union Canal in Paddington Central this June, becoming the first wine bar to open at the new development in west London.