Overview

• Chapel Down aims to raise £30 million for expansion through a potential sale or new investments.
• The company plans to build a new winery near Canterbury and expand vineyards in the North Downs of Kent.
• Warmer UK temperatures have boosted local wine production, attracting significant investments.
• Chapel Down reported a 14% sales increase in 2023, driven by high demand for its sparkling wines.
• The strategic review could result in Chapel Down leaving the Alternative Investments Market after just seven months.