Disposal of Rémy Cointreau’s Distribution Subsidiaries in the Czech Republic and Slovakia to Jägermeister
20 Décembre 2018 - 06:00PM
Business Wire
Regulatory News:
The Rémy Cointreau Group (Paris:RCO) announces the signing of a
share purchase agreement for the disposal of its distribution
subsidiaries in the Czech Republic (Rémy Cointreau Czech Republic)
and Slovakia (Rémy Cointreau Slovakia) to Mast-Jägermeister SE.
Concurrently with this sale, the Rémy Cointreau Group signed an
agreement with Mast-Jägermeister SE for the distribution, by the
latter, of Rémy Cointreau’s spirits in the Czech Republic and
Slovakia, once the operation has been completed.
This transaction is fully in line with the Group's strategy to
reorganize its distribution network in coherence with the upscaling
of its brand portfolio.
The closing of the deal, which remains subject to clearance by
the competent antitrust authority, is currently scheduled for April
1st, 2019.
About Rémy Cointreau:All around the world, there are
clients seeking exceptional experiences; clients for whom a wide
range of terroirs means a variety of flavors. Their exacting
standards are proportional to our expertise – the finely-honed
skills that we pass down from generation to generation. The time
these clients devote to drinking our products is a tribute to all
those who have worked to develop them. It is for these men and
women that Rémy Cointreau, a family-owned French Group, protects
its terroirs, cultivates exceptional multi-centenary spirits and
undertakes to preserve their eternal modernity.The Group’s
portfolio includes 12 unique brands, such as the Rémy Martin and
Louis XIII cognacs, and Cointreau liqueur.Rémy Cointreau has a
single ambition: becoming the world leader in exceptional spirits.
To this end, it relies on the commitment and creativity of its
1,800 employees and on its distribution subsidiaries established in
the Group’s strategic markets. Rémy Cointreau is listed on Euronext
Paris.
About Mast-Jägermeister SE:The family-owned company from
Wolfenbüttel has been creating the world’s top-selling herbal
liqueur for more than 80 years. Jägermeister holds a spot among the
top 10 premium spirits brands worldwide in the definitive “Impact
Top 100” list. Rich in tradition, the blend of 56 herbs, blossoms,
roots and fruits is the only German spirit to have made it into the
top 90 of this industry ranking. Jägermeister is currently
distributed in 135 countries. International sales account for
approximately 80 per cent of revenues.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20181220005603/en/
Laetitia Delaye — +33 7 87 25 36 01
Remy Cointreau (EU:RCO)
Graphique Historique de l'Action
De Fév 2024 à Mar 2024
Remy Cointreau (EU:RCO)
Graphique Historique de l'Action
De Mar 2023 à Mar 2024