Rémy Cointreau has announced that it has entered into exclusive negotiations with the Lhopital family to acquire a majority stake in the capital of the Champagne de Telmont company.
The deal is likely to include brands, production resources, real estate assets as well as vineyards in Champagne.
The acquisition will strengthen Rémy Cointreau’s portfolio of exclusive wines and spirits as the high-end champagne brand offers significant growth potential, particularly in international markets.
The transaction, scheduled to be submitted for administrative authorisations required by law, is expected to close in the third quarter of 2020/21.
Family-Owned Business
Founded in 1912 in Damery, near Epernay, on the slopes of the hills of The Marne valley in France, the family-owned business has been crafting champagnes under the J. de Telmont brand for more than a century.
The Maison is one of the last family-owned estates in Champagne.
Bertrand Lhopital, a fourth-generation champagne craftsman from the family will continue to work with Rémy Cointreau, the spirits giant added.
© 2020 European Supermarket Magazine – your source for the latest retail news. Article by Dayeeta Das. Click subscribe to sign up to ESM: The European Supermarket Magazine.
