Racke Group has sold Racke Polska to H Partners W & S
H Partners W & S S.A.S., a French group with activities in production, distribution and trading of wines and spirits, acquires the Polish wine and spirit distribution company Racke Polska Sp. z o.o. of the former Racke Group.
Warsaw based Racke Polska imports and distributes various well known international brands like Yellow Tail, Golden Kaan, Gonzales Byass or Kijafa in the Polish off-trade market. The company’s sales team covers all regions in Poland and sells the imported goods to almost all retail chains.
H Partners W & S engages in the production of Armagnac, trading of high-end wines, distribution in France and Belgium as well as export activities with own subsidiaries in Russia, Kazakhstan, China and cooperation with independent importers in 32 other countries. Integrating Racke Polska, the group enters the Polish market which offers interesting potential especially in the wine segment and which shall be developed further together with the local team.
Lincoln International was retained by the insolvency administrator of MR Abwicklungsgesellschaft as exclusive financial advisor for the sale of the Polish subsidiary Racke Polska. The liquidation of the main assets of the former Racke group has essentially been accomplished with this sale. Lincoln International had already advised the Racke Group before filing for insolvency e.g. in the sale of well-known German wine brand Blanchet to Rotkäppchen and Racke, Eggers & Franke, a well-established German distribution group to the Meier family.
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