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Tag Archives: Rémy Cointreau

• Remy Cointreau banks on premium spirits to boost profit

Remy Cointreau banks on premium spirits to boost profit

Maker of Remy Martin cognac and Cointreau liqueur also hands investors 20% dividend increase. Remy Cointreau has posted higher-than-expected annual profit, despite a difficult year in China, saying it will accelerate a drive to sell higher-priced spirits to boost profit margins, sending its shares up to 8 per cent higher. The maker of Remy Martin […]

• Remy in talks to buy Islay distiller Bruichladdich

Remy in talks to buy Islay distiller Bruichladdich

Remy looking to tap booming demand for premium whisky. French spirits group Remy Cointreau is in exclusive talks to buy Scottish whisky maker Bruichladdich Distillery as it looks to tap booming demand for premium whisky from emerging markets in Asia. Remy Cointreau, the maker of Remy Martin cognac, Cointreau Liqueur and Mount Gay Rum, sold […]

• Cognac sales enjoy record 2011

Cognac sales enjoy record 2011

Soaring demand in China has resulted in global Cognac sales reaching record levels last year. Industry body the Bureau National Interprofessional du Cognac (BNIC) said more than five bottles were sold every second in 2011, with the total number of bottles sold rising by 6.4% to 162.9 million. The Far East, which accounted for more […]

• Rémy Cointreau completes Champagne sale to EPI

Rémy Cointreau has announced the sale of its Champagne division – which includes the Piper-Heidsieck and Charles Heidsieck brands – to EPI for €412 million, but will continue to distribute the brands. The announcement comes after protracted talks which began at the end of February this year. EPI, a family owned group run by Christopher […]

• Remy move shocks Champagne world

Remy move shocks Champagne world

Rémy Cointreau has surprised the Champagne world by announcing it has entered into exclusive negotiations with privately-held company EPI with a view to possibly selling its loss-making Champagne division, including the Piper-Heidsieck and Charles Heidsieck brands. While most industry observers anticipated bids to come in from established players in the Champagne region, EPI only counts […]

• Nicolas Feuillatte rules out Heidsieck bid

As speculation mounts on the sale of the Piper-Heidsieck and Charles Heidsieck Champagne brands, Nicolas Feuillatte has ruled itself out of the bidding race. Speaking at a lunch at Texture to celebrate the Champagne co-operative’s 35th birthday, managing director Dominique Pierre told the drinks business: “We’ve been reading what’s been said in the press and […]

• Piper-Heidsieck Champagne Up For Sale

Piper-Heidsieck Champagne Up For Sale

Booze brand Rémy Cointreau has put its Piper-Heidsieck and Charles Heidsieck Champagne brands up for sale in a deal which could raise as much as 450 million euros. Possible suitors for the brands include other drinks conglomerates such as Diageo and Pernod Ricard but a private equity group could also snap up the champagne seller. […]

• Chinese Winemaker, Dynasty, Eyes International Credibility

Chinese Winemaker, Dynasty, Eyes International Credibility

Its wines might not be as celebrated in China as imports from France or Australia, but the 30-year-old winemaker Dynasty has taken great pains to cast itself as the country’s premier label. As a joint venture with Remy Cointreau, Dynasty has consistently fallen back on its part-French heritage, a message that has resonated with a […]