J. Oppmann AG, a listed company, is a sparkling wine cellar founded in Bavaria in 1865. The company produces fifteen different sparkling wine specialties. The annual production is about 1.5 million bottles. The product range also includes J.Oppmann Secco and J. Oppmann Rosensecco as well as the champagne cocktails Cassisco and Cherrisco. The company relies on modern cellar technology for its production. The wine is changed to J. Oppmann in the bottle and the tank in sparkling wine.The winery is organized under the motto "sparkling wine from the best house". It denies the low-price strategies of the larger competitors and instead stands out as an innovative specialist manufacturer. This makes it one of the leading group of German securitizers.
In 2021, the company had this income statement results: Revenue € 3.59 Mln, Gross Profit € 2.43M, Operating Income € 1.06M, Net Income € 131.73K, Total Assets € 3.92 Mln, Equity € 1.05 Mln (source: Tipranks).
In 1826 Michael Oppmann, cellar master of the Würzburg court cellar, produced champagne for the first time in the Kingdom of Bavaria. In 1842 he founded his own champagne cellar, which existed until the early 1990s.
His nephew, the wine-growers Josef Oppmann, founded the fifth sparkling wine cellar in the Franconian metropolis of Würzburg in 1865 at the age of 23 years. In 1871, his brother Johann Baptist Oppmann, who had previously worked as an assistant in the Hofkellerei, entered the business. A little later he was awarded the title "Bavarian Court Supplier". The sparkling wine cellar was internationally successful in the early days and was honored at the world exhibitions in Paris, Vienna, Philadelphia and Melbourne. After the death of the founder in 1889 the business was initially carried on by his widow. On November 4, 1898, the winery was converted into a joint stock company.
In the 1930s, the private bank Merck Finck & Co acquired a stake. From 1939 to 1965 Paul Bauer headed the company. During the bomb attack on Würzburg in 1945 the main building of the sparkling wine cellars was destroyed. Since the vaulted cellars had remained intact, the production could be resumed in 1947. In the post-war period, the champagne cellar J. Oppmann took over the brands of the founded in Würzburg in 1843 and, in the meantime, to the Schönberger Cabinet AG. F. A. Siligmüller GmbH. In addition, the company's coat of arms was taken over by Michael Oppmann GmbH & Co. in 1988. Since then the champagne cellist J. Oppmann has had the exclusive rights to the name "Oppmann".Martin Konrad left the board in 1986. Franz Schimpel was thus sole director until he was replaced by Albert Friedrich, then 39, who was on January 1, 1993. This expanded the product range 2001 to sparkling wine and champagne cocktails, 2009 to champagne from traditional bottle fermentation and starting from 2012 wine from New Zealand from Marisco Vineyards and from Rheinhessen under its own name.
In 2009, the company was split into an operating segment and a property management (Oppmann Immobilien AG), which is also listed on the stock exchange. The share of August von Finck junior in the operating business of 75% was taken over by the Executive Board Albert Friedrich and the supervisory boards Reinhard Meier, Christian Meier, Wolfgang Kunz and Richard Sabitzer in November 2011. Due to the separation from the traditional production site, a new building is required, which is to be completed in 2013 in the Würzburg industrial area of East Germany. In fact, the move took place in 2014. In 2012, the subsidiary MWS GmbH Wein- und Sektvertrieb was merged with the parent company.
Source: Reuters
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