French wine producer AdVini has sold its label and capsule production company Impressions de l’Enclos to local printing firm Alliance Etiquettes for an undisclosed sum.
Languedoc-based AdVini said the disposal fits in with its strategic plan, dubbed Orbis, which is to focus energies on its core business of wine production.
It created Impressions de l’Enclos back in 1980. In 2023, the labelling unit achieved a turnover of €4m ($4.3m), 50% of which was invoiced to third parties and 50% internally.
The terms of its sale to Bordeaux-based Alliance Etiquettes include a multi-year supply agreement with AdVini.
AdVini said all jobs at…