AIM new admission: Is Chapel Down worth buying?

English wines maker Chapel Down has switched from Aquis to AIM after two decades on the other market. It is already the largest English wine maker with the strongest brand recognition and plans to grow significantly.

Chapel Down originally joined Ofex, which became the Aquis Stock Exchange, in March 2003 – although it was then known as English Wines. It was on the Apex segment of the market prior to the switch.

When it published it 2021 accounts, Chapel Down said it wanted to double the size of its business by 2026. It shed its brewing business to concentrate on wine. Part of the strate...

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