Moet Hennessy acquires Montaudon Champagne
16 December 2008 | By Popsop Team
Moet Hennessy, the wines and spirits group owned by LVMH, has acquired the Montaudon Champagne house. A purchase price was not disclosed.
Founded in 1891, the Montaudon family business is situated at the heart of Reims.
Montaudon will join LVMH’s portfolio of champagne brands: Dom Perignon, Moet & Chandon, Veuve Clicquot Ponsardin, Krug, Ruinart and Mercier.
Christophe Navarre, chairman of Moet Hennessy, said: “The acquisition of Montaudon enables us to complete our portfolio of prestigious brands and to increase our Champagne reserves. This corresponds with Moet Hennessy’s strategy to strengthen its worldwide leadership in the luxury wines and spirits sector.”
Popsop.com
Tags: alcohol drinks, champagne, Hennessy
