Farr Vintners is pleased to announce the acquisition of the business and, in particular, the management of customer portfolios of Jackson Fine Wines following the retirement of CEO Kit Jackson.
This follows Farr Vintners’ earlier purchase in August 2014 of Magnum Fine Wines and takes the total value of customer reserves under the management of Farr Vintners to around £300 million. All of the company’s own wines, and those of its customers, are stored deep underground in the perfect cellar conditions of Octavian Vaults in Wiltshire, where it is the largest single stockholder. Both Magnum and Jackson Fine Wines’ customer reserves have also been stored long-term at Octavian Vaults.
We have had an excellent business relationship with Jackson Fine Wines for many years and there is an obvious ‘fit’ with the wines held for ex-Jackson customers and our own trading activities. We are honoured that Kit Jackson has chosen to entrust Farr Vintners to look after the best interests of his customers going forward.
Farr Vintners has risen to become one of the world’s leading wholesale fine wine merchants. The company was established in 1978 in London and, since 1995, has had a very busy sales office in Hong Kong which serves many thousands of active customers in Asia. In the last ten years Farr Vintners’ sales have totalled over one billion GBP with the company very much a leading specialist in the great wines of France – especially Bordeaux, Burgundy, Champagne and the Rhône Valley. The company also sells some of the best wines from Italy, Spain, Germany, California, South America, Australia and New Zealand. Farr Vintners’ web site www.farrvintners.com lists one of the world’s largest selections of competitively priced fine wine, nearly all of which is immediately available for delivery from Octavian Vaults. Farr Vintners offers a huge range of older vintages, many of which were originally purchased from the company and are now offered for sale from customer reserves on a commission sale basis.
In February 2016 the company will move to an impressive new purpose-built head office in Battersea on the banks of the River Thames. Details will be advised soon.
