Focus on low alcohol products
In an effort to focus on low alcohol drinks the Company decided to sell its holding in United Distillers Boutari to United Distillers PLC and sell Vosinakis S.A. to the FAGE Group.
Establishment of the Boutari Group
In order to better manage Company resources, the wine-making division was split from the Company and the Group”s parent company “J. Boutari & Son Holding S.A.”, a holdings and investments company, was established. Following the split of the wine-making division, a subsidiary wine-making company was established with the corporate name “J. Boutari & Son Winery S.A.”.