Oddbins and Thresher deny merger rumours
Published:  13 December, 2007

Oddbins' owner Castel has denied newspaper reports that it is proposing to merge the company with the Thresher Group.

An article in the Dec 9 issue of the Sunday Telegraph said the French wine company had met Thresher's owners Vision Capital in secret to discuss a tie-up and other matters.

However, statements from the Castel Group and Vision Capital said there were no plans to merge the businesses and claimed the meeting was simply to discuss ideas and concepts for the UK marketplace.

Oddbins managing director Fabrice Bidault and Eudes Morgan, managing director of Nicolas said in a statement: "We can categorically state that the Castel Group is not proposing to acquire Threshers, sell Oddbins nor is involved in any merger talks between Threshers and Oddbins."

A Thresher Group spokesman said: "It is entirely normal for Vision Capital to meet from time to time with parties interested in its various portfolio companies, including Thresher Group. It is very much business as usual at Thresher Group."




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Few things can bring communal pleasure so intimately as wine. Apart from a hot tub, perhaps. Sport can trigger mass jubilation, film gives us shared empathy, but wine has a nigh-unique ability to bestow conviviality among us through a shared bottle – which makes it especially galling that we spend so much time divided over it.

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