Who owns Angel's Estate?
Angel's Estate is owned by Maspex (Poland) through its subsidiary Purcari Wineries, which has owned the brand since 10 October 2022.[1]
Purcari Wineries owns 76% of Angel's Estate rather than all of it.
Maspex owns 73.23% of Purcari Wineries rather than all of it.
This ownership is reported in official statements but has not yet been matched to a regulatory filing.
Evidence: Purcari Wineries Public Company Limited Annual Report 2025, 30 April 2026. Last checked .
Key facts
- Current owner
- Maspex Group via Purcari Wineries (76% stake) reported
- Owned since
- Owner HQ
- 🇵🇱 Poland, Wadowice
- Origin
- 🇧🇬 Bulgaria, Banya
- Category
- Beverages › Wine & champagne › Still wine
- Last verified
- · 1 sources
About Angel's Estate
Angel's Estate is a Bulgarian winery in the village of Banya, Novozagorsko, in the Thracian Lowlands, with 100 hectares of vineyards. Purcari Wineries bought 76 per cent of it on 10 October 2022 for €1.75 million, a low price that it explained by years of losses and out-of-date equipment needing investment. Its labels include Angel's Estate, Stallion, Deneb and Cattleya, and it made up 4 per cent of the group's brand sales in 2025.
Ownership timeline of Angel's Estate
- 2022 – present Purcari Wineries (76%) [1] reported
Where Angel's Estate sits in Maspex
Controlling ownership as of . Brands grouped under the entity that owns them; large groups are collapsed.
- Purcari Wineries (73.23%) · 6 brands
Open the full Maspex ownership tree →
See the full Maspex brand portfolio (14) →
Other brands owned by Maspex
Maspex controls 14 brands on Brandtree, 10 of them in beverages.
Also in beverages
- Bardar (1929)
- Becherovka (1807)
- Bostavan (2005)
- Crama Ceptura
- Domeniile Cuza (2021)
- Kubuś
- Purcari (1827)
- Tymbark
- Żubrówka
Other brands in still wine, and who owns them
The 128 brands in still wine on Brandtree belong to 35 owners. The largest is Concha y Toro, with 11; Maspex has 5.
| Brand | Owner | Owner based in |
|---|---|---|
| Almaviva | Concha y Toro | 🇨🇱 Chile |
| Carlo Rossi | Gallo | 🇺🇸 United States |
| Bodega San Telmo | Grupo Peñaflor | 🇦🇷 Argentina |
| Aura | Sogrape | 🇵🇹 Portugal |
| AFIP | Changyu | 🇨🇳 China |
| Archery Summit | Crimson Wine Group | 🇺🇸 United States |
| 19 Crimes | Treasury Wine Estates | 🇦🇺 Australia |
| Aphrodite | KEO | 🇨🇾 Cyprus |
About the owner: Maspex
Maspex is a privately held company headquartered in Wadowice, Poland. Brandtree records 14 brands under its control.
Maspex is a Polish food and drink group based in Wadowice that describes itself as the largest private company in the country's food industry. In 2024 it reported PLN 16 billion of revenue from 70 brands and 18 plants in Poland, Romania, Bulgaria, Hungary and the Czech Republic. Its portfolio was assembled through 22 acquisitions, starting with Kubuś in 1995 and Tymbark in 1999, and it moved into spirits in 2022 by buying CEDC, the maker of Żubrówka.
🇧🇬 Angel's Estate and other Bulgarian brands
Brandtree records a controlling owner for 20 brands that began in Bulgaria. 13 of them (65%) are now controlled by a company headquartered in another country, Angel's Estate among them.
- Devin — Spadel 🇧🇪
- Gorna Bania — Multi Group 🇦🇲
- A1 Bulgaria — América Móvil 🇲🇽
- Allergosan — Sopharma 🇧🇬
- Bulgaria Air — Bulgarian Airways Group 🇧🇬
- DSK Bank — OTP Bank 🇭🇺
Frequently asked questions
Who is the parent company of Angel's Estate?
The parent company of Angel's Estate is Maspex, a privately held company headquartered in Poland. Angel's Estate sits under Maspex's subsidiary Purcari Wineries.
Is Angel's Estate Bulgarian or Polish?
Angel's Estate originated in Bulgaria, but it is owned today by Maspex, which is headquartered in Poland. So Angel's Estate is a Bulgarian-origin brand under Polish ownership.
Since when has Purcari Wineries owned Angel's Estate?
Purcari Wineries has owned Angel's Estate since 10 October 2022. Maspex has held Purcari Wineries since 2025.
Is Angel's Estate still owned by Maspex?
Yes. As of 16 September 2026, Angel's Estate is still owned by Maspex, through Purcari Wineries, which holds 76%. The ownership record was last checked against primary sources on that date.
Sources (1) & corrections
Last verified . Every ownership fact above is backed by one of these primary documents. Numbers in brackets in the text refer to this list.
- [1] Purcari Wineries Public Company Limited Annual Report 2025 — Purcari Wineries Public Company Limited, Annual report, published 30 April 2026; retrieved 16 September 2026.
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