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.





Comment

Dominic Roskrow

Rum's time to shine

Who would have thought it? After decades of dabbling on the margins of the fashionable bar trade, rum is enjoying its most successful spell in the limelight since the early ’90s, when spiced rums swept all before them.

Click for more »

Events

Facebook

Twitter