EPI completes Piper-Heidsieck purchase

11 July, 2011

Rémy Cointreau has completed the sale of all the shares in Piper-Heidsieck-Compagnie Champenoise to the EPI Group (Européenne de Participations Industrielles).

The EPI Group has now assumed control over the champagne business in Reims, France, which includes the Piper-Heidsieck and Charles Heidsieck brands, and Piper Sonoma, the sparkling wine brand in the US.

The deal was for an ‘enterprise value’ of €412.2m, as reported on Drinksint.com in June. Read the full story here.





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Joe Bates

Why duty free must do better

It’s one of the worst PR disasters to have hit the duty free industry in the almost two decades i’ve been covering the business.

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