Panmure Liberum appointed as Joint Broker to Naked Wines plc

Naked Wines is an online wine retailer that connects consumers with over 300 independent winemakers. The company’s mission is to disrupt the traditional wine industry by providing high-quality, exclusive wines directly to consumers, offering a unique subscription-based model. The company offers an extensive selection of wines from independent producers worldwide, renowned for its commitment to quality and innovation. Naked Wines attracts customers through personalized experiences, a strong online presence, and a focus on affordability and exclusivity. In the last year, the Company has served over 700,000 customers in UK, US and Australia.

In FY24 Naked Wines generated total revenue of £290m and adjusted EBIT of £5m, with net assets of £77m.

Panmure Liberum Team

Exco – Bidhi Bhoma

Investment Banking – Dru Danford, Edward Thomas, John More, Gaya Bhatt

Corporate Broking – Tom Scrivens

Research – Wayne Brown, Anubhav Malhotra

Sales – Oliver Houghton