Purchase of Magnum Fine Wines by Farr Vintners

Tuesday, 19 August 2014 by Stephen Browett

Farr Vintners is delighted to announce that we have purchased Magnum Fine Wines following Alan Rayne's decision to retire from the wine trade. I have known Alan for nearly 30 years and feel very honoured that he has chosen to entrust Farr Vintners to look after his customers and their wine portfolios in the future. Alan is rightly proud of the business that he has built up and a key part of his decision to pass the company on to Farr Vintners was that he knows that his customers will continue to receive exemplary and professional service.

Farr Vintners, like Magnum Fine Wines, holds all of its stocks and customer reserves in the outstanding underground cellars of Octavian Vaults. Magnum's customers can rest assured that they will continue to have their precious wines stored in the world's best wine storage facility.

Over the last 5 years alone, Farr Vintners, based in Battersea, South London, has sold nearly £600 million worth of fine wine and is now the world's leading Fine Wine Wholesaler, storing well over a million bottles of wine on behalf of its customers, who are based in many countries all around the world.

Farr Vintners was the first UK wine merchant to open an office in the Far East when Farr Vintners Asia was established in Hong Kong nearly 20 years ago. Our sales teams in both London and Hong Kong will be very pleased to assist Magnum's customers and offer genuinely informed and expert advice on all aspects of wine buying, selling and storage. The first contact for Magnum customers in the UK is Farr Vintners Director Tom Hudson (tom@farrvintners.com) and in Asia Jo Purcell, Managing Director of Farr Vintners Asia (jopurcell@farrhk.com). However Alan Rayne will be pleased to help and advise customers until he leaves the company at the end of September.

Over the coming weeks we will be working hard to integrate Magnum Fine Wine's customer information into our own system and once this is completed we will be able to offer customers access to their portfolios online as well as the wealth of information available to our existing customers. We will contact customers once this process is complete with further details.

Stephen Browett
Chairman
Farr Vintners Ltd



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