Independent wine merchant JN Wine has expanded its portfolio with the acquisition of London wine retailer Highbury Vintners.

Financial details of the acquisition are yet to be divulged by either company.

JN Wine managing director James Nicholson said: “This is a strategic acquisition for JN Wine and one that has seen us work very closely over the last number of months with Sean and Gillian Sweeney behind the successful Highbury Vintners.

“There is a very strong team in place and I personally look forward to welcoming each and every one of them to the JN Wine family.

“Alongside introducing new and interesting wines from the JN Wine portfolio, we have ambitious plans for growth that includes a refurbishment of the 1,500ft² retail outlet and increased investment in its digital presence in 2020.”

Through the acquisition, JN Wine intends to strengthen its footprint in the UK and Ireland market, as well as make a considerable investment in Highbury Vintners.

Established by John Sweeney, Highbury Vintners is a family-owned business, which has been serving retail and online customers in London for nearly four decades.

Highbury Vintners director Sean Sweeney said: “Very much like Highbury Vintners, JN Wine has a family and artisan wine-centred approach and a strong reputation for expert advice, which makes it an excellent fit.

“They will benefit from our expert team who have been a strong part of our success. Our loyal and valued customers, both retail and online, can also be confident that the additional quality offering from JN Wine, alongside excellent service, will keep the values upon which my father founded the business in 1981 alive.”