Polish Enterprise Fund VII sells JNT Group, a leading wine producer, to its CEO Jakub Nowak, who will lead a management buyout to drive future growth.

Information on the Target

The JNT Group, often recognized simply as JNT, is one of Poland's leading manufacturers, importers, and distributors of wine. Founded over two decades ago, the company has established itself as a dominant player in the domestic wine market, holding an estimated market share of around 20%. Under the leadership of CEO Jakub Nowak, who has been with the company since its inception, JNT has seen considerable growth and expansion since its acquisition by Polish Enterprise Fund VII (PEF VII) in 2017.

Since PEF VII's involvement, JNT has successfully implemented strategies aimed at accelerating growth through increased production capacities, robust marketing efforts, and strategic acquisitions. Notable brands acquired include Grzaniec Galicyjski and Platinum Wines, among others. Additionally, JNT commenced international expansion in late 2022, initiating product availability in Romanian retail chains while acquiring a local competitor to bolster its market presence.

Industry Overview in Poland

The Polish wine industry has witnessed significant developments in recent years, evolving from a traditionally beer-dominated market to a burgeoning sector with increasing wine popularity among consumers. This growth has been driven by changing c