Hartwall Capital has sold a 5% interest in Royal Unibrew through its wholly-owned subsidiary HC Holding.

Following the transaction, Hartwall Capital will not hold any share capital in Royal Unibrew.

Based in Denmark, Royal Unibrew produces, markets, sells and distributes malt and soft drinks.

Based in Finland, Hartwell Capital is an investment firm.

Vintage Wine Estates has acquired Tamarack Cellars for an undisclosed sum.

“Fujian Kiu Hung Wine Company has agreed to acquire a 20% stake in Anhui Fu Lao Wine Development Company for CNY84m ($13m).”

Tamarack Cellars is a wine producer based in the US. Upon completion of the transaction, its staff will be retained and winemaker Danny Gordon will continue to craft beverages.

Metis is acting as financial and transnational advisor to Tamarack Cellars for the transaction.

Vintage Wine Cellars owns and operates wineries.

Fujian Kiu Hung Wine Company has agreed to acquire a 20% stake in Anhui Fu Lao Wine Development Company for CNY84m ($13m).

Scheduled for completion on or before 28 February 2018, the transaction will enable Fujian Kiu Hung Wine Company to expand its business operations and enter the yellow wine market.

Based in China, Anhui Fu Lao Wine Development Company is a producer and wholesaler of Chinese yellow and white wine products.

Fujian Kiu Hung Wine Company is an investment holding company that is a subsidiary of Kiu Hung International Holdings.