Hampshire’s Hambledon vineyard has secured £10 million in funding to support the next stage of its growth plan.

Hambledon was acquired by Berry Bros & Rudd and Symington Wine Estates last year, following a £22.3 million takeover bid. Now, as the English wine industry continues to grow, the producer is looking to expand operations.

Provided by the Secure Trust Bank (STB), a commercial banking group, the funding will be used to maintain Hambledon’s production levels and further its growth ambitions. This includes increasing Hambledon’s market presence in both the UK and on an international scale. 

Joe Jeffers, Hambledon’s finance director, said: “The English Sparkling Wine category has shown consistent growth and continues to do so. This has been demonstrated by the recent acquisition of Hambledon by Berry Bros & Rudd and Symington Family Estates. We are also delighted to partner with STB for the next phase of our journey.

He continued: “As the wine tourism sector continues to flourish, there will be more opportunity for growth for Hambledon and the facility we have received from STB commercial finance will provide the required working capital to grow, further enhancing the investment into the winery and in our people.”