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Nov 15 2010

FRANCE: Rémy Cointreau eyes Champagne business sale

Tag: Weingütersigi.hiss @ 18:44

Stuart Todd – Group confirms possible sale – No timeframe disclosed –  Sales have not recovered from ’09 slump

Rémy Cointreau is mulling the sale of its Champagne division, which has been hit hard by the economic downturn.

Rémy Cointreau said today (15 November) that it has commissioned the Crédit Agricole bank to initiate a competitive tendering procedure ahead of a possible sale of the Champagne business, which includes the Piper-Heidsieck and Charles Heidsieck brands. Continue reading „FRANCE: Rémy Cointreau eyes Champagne business sale“