Purcari Wineries Public Company Limited (BVB:WINE) entered into an agreement to acquire 76% stake in Angel's Estate S.A. on September 26, 2022. The current shareholders of Angel's Estate will retain a 24% stake in the Winery and continue acting as a value-ad investor in developing the business. The Closing of the transaction is envisaged within two weeks from the signing date. Djingov, Gouginski, Kyutchukov & Velichkov acted as legal advisor, PricewaterhouseCoopers International Limited acted as Accountant and Mulberry Capital Investments Limited acted as financial advisor to Purcari Wineries Public Company Limited (BVB:WINE).

Purcari Wineries Public Company Limited (BVB:WINE) completed the acquisition of 76% stake in Angel's Estate S.A. on October 10, 2022.