Wednesday, 20 November 2013
20.11.13 Medina Family Now Own 100% of Williams and Humbert
The Medina family has taken full ownership of the bodega Williams & Humbert after purchasing the 45% stake owned by the capital risk fund Andalucia Capital Desarrollo (ACD). It was ACD who financed the purchase of the bodega from the Dutch multinational Ahold in 2005. The price for the share purchase has not been released, but both parties have declared themselves satisfied. The Medina family has been involved with Williams & Humbert for over twenty years, and at last it is theirs 100%, and includes their original firm Bodegas Medina.