Rémy Cointreau in Negotiations to Acquire Champagne J. de Telmont

The Rémy Cointreau Group announced last week that it has entered into exclusive negotiations with the Lhopital family to acquire a majority stake in the capital of the Champagne J. de Telmont company.

This family-owned champagne estate was founded in 1912 in Damery, near Epernay, on the slopes of the hills of the Marne Valley. It has been crafting champagnes under the brand “J. de Telmont” for over a century. J. de Telmont is one of the last family-owned estates in Champagne:  Pascale Lhopital and Bertrand Lhopital represent the fourth generation of true master craftmen in the art of champagne.  Bertrand Lhopital, alongside the Rémy Cointreau Group, will continue working with his team on the upstream side (vineyard/sourcing) and on the champagne production side to perpetuate the estate’s know-how and family tradition.

The scope of the acquisition transaction includes the brands, stocks, production resources and real estate assets of the domain, as well as vineyards in Champagne. This acquisition would enrich Rémy Cointreau’s portfolio of exceptional wines and spirits with a high-end champagne brand that offers significant growth potential overtime, especially on the international market.

The signing of the deeds of acquisition is contingent, in particular, on the statutory process for notifying employees. The transaction, which will be submitted for the administrative authorizations required by laws in force, should be completed in the third quarter of the financial year 2020/21.

Women in Wine Talks: Leadership in Challenging Times with Maggie Henriquez, President and CEO of Krug Champagne – June 23, 2020 1:00 pm EST

I’m extremely proud to host our upcoming “Women in Wine Talks” with Margareth Henríquez, President, and CEO of Krug Champagne on June 23.  Maggie is someone truly whom I respect and admire as a woman, mother, (now grandmother), and business leader whom I’ve met on many occasions in Paris and Reims.

Here are the details on her upcoming leadership talk:

Join us June 23rd 2020 1:00 PM Eastern Time (US and Canada) for an exclusive in-depth conversation with Maggie Henriquez, President & CEO of Krug Champagne. Ms Henriques will share her personal strategies for success in challenging times!

Les Dames d’Escoffier Ontario (Canada) is proud to host “Women in Wine TalksTM” as an online platform to raise awareness of women in the wine industry to impact positive change. We shine the spotlight on global women business leaders, winemakers, authors and industry experts.

CONCEPT

Women in Wine TalksTM are inspiring conversations, virtual wine- tastings and panel discussions with wine industry experts. “Memorable and Elevated Virtual Experiences.”

Next up:

Women in Wine Talks with Margareth (Maggie) Henriquez Ph.D., President & CEO, Krug Maison de Champagne, and President, LVMH Estates and Wine Division

“The Turnaround CEO”

Maggie Henriquez needs little introduction. She is an extraordinary speaker and inspirational leader, is incredibly dynamic and a visionary. Maggie is the President and CEO of Krug Maison de Champagne and President of LVMH Estates & Wine Division.  She will not only capture your heart; she will fully engage your mind with her talk on Leadership in Challenging Times.

Registration details:

June 23, 2020 1:00 PM Eastern Time (US and Canada) 

To register in advance for this Women in Wine Talk:

https://www.eventbrite.ca/e/leadership-in-challenging-times-with-maggie-henriquez-ceo-of-krug-champagne-tickets-109305076426

Women in Wine Talks: Leadership in Challenging Times with Maggie Henriquez PhD, President and CEO of Krug Champagne – June 23 2020

Les Dames d’Escoffier Ontario (Canada) is proud to host “Women in Wine TalksTM” as an online platform to raise awareness of women in the wine industry to impact positive change. We shine the spotlight on global women business leaders, winemakers, authors and industry experts.

CONCEPT
Women in Wine TalksTM are inspiring conversations, virtual wine- tastings and panel discussions with wine industry experts. “Memorable and Elevated Virtual Experiences.”

NEXT UP
Women in Wine Talks with Margareth (Maggie) Henriquez Ph.D., President & CEO, Krug Maison de Champagne, and President, LVMH Estates and Wine Division “The Turnaround CEO” 

Maggie Henriquez Ph.D. needs little introduction. She is an extraordinary speaker and inspirational leader, is incredibly dynamic and a visionary. Maggie is the President and CEO of Krug Maison de Champagne and President of LVMH Estates & Wine Division.  She will not only capture your heart; she will fully engage your mind with her talk on Leadership in Challenging Times.

REGISTRATION

June 23, 2020 1:00 PM Eastern Time (US and Canada)

To register in advance for this Women in Wine Talk:

https://www.eventbrite.ca/e/leadership-in-challenging-times-with-maggie-henriquez-ceo-of-krug-champagne-tickets-109305076426

Please note:  Limited Space

 

 

Millennials are vital to Champagne’s future  

“Millennials are vital to Champagne’s future… because they are willing to look beyond the ‘just for celebrations’ mantra,” states Françoise Peretti, Director of the UK’s Champagne Information Bureau.

Millennials are deemed to be more digitally connected and open-minded than baby boomers.

Peretti further stressed the need to attract a younger generation of drinkers, and the potential demand among “open-minded” millennials.

“Unlike the Baby Boomers, they are open-minded consumers, willing to look beyond the ‘just for celebrations’ mantra,” she said of the age group, which covers those people from their early 20s to late 30s.

“This is their most important attribute: a desire to embrace the idea that Champagne can be a drink for the weekend, not simply New Year.”

Mentzendorff’s Andrew Hawes, who is the current chairman of the Champagne Agents Association believes that grower Champagnes are the key to unlocking the millennial market.

Hawes states “A quiet revolution has been building in the independent sector over the past few years.”  He further adds, “Independents are selling more and more grower Champagne to millennials – they are naturally drawn to the ‘craft’ credentials of smaller brands.”

In the US, Chicago-based sommelier Zach Jones recorded a similar development, and he goes on to say,  “Grower Champagne has had a huge surge in popularity with younger drinkers in the US, because there is a great story to tell and it gives younger consumers the sense that they are supporting a small family winery, not a massive machine.”

Sources:
Drinks Ontario
Champagne Information Bureau – UK

Italy’s Campari Group to enter champagne sector with Lallier acquisition

The Campari Group is set to become the first Italian company to own a Champagne brand.  Announced last week, Campari has entered into negotiations to acquire French company Ficoma, to acquire 80% of the shares of Champagne Lallier, and other group companies, with a view to total ownership. Campari’s shares ended up 2.9% after the announcement, outperforming a 1.7% gain in Milan’s blue-chip index.FTMIB.

Ficoma sold one million bottles of Champagne in 2019, including 700,000 bottles of Lallier.

If the negotiations lead to a sale, it will mark the entry of the first Italian player into the Champagne category.

Ficoma is the family holding of Francis Tribaut, the heir to four generations of winemakers and Champagne producers in France’s Marne region. The Champagne brand Lallier was founded in 1906 in Aÿ, one of the few villages classified as ‘Grand Cru’ in Champagne.

The potential transaction scope includes the brands, related stocks, and real estate assets including owned and operated vineyards, and production facilities.

Campari Group, founded in 1860, is the sixth-largest player worldwide in the premium spirits industry, trading in more than 190 countries. Campari owns 21 plants worldwide and has its own distribution network in 21 countries.

The company’s growth strategy is to combine organic growth through strong brand building and external growth via selective acquisitions of brands and businesses.

The company has a portfolio of more than 50 premium and super-premium brands, including Aperol, Campari, SKYY, Grand Marnier, Wild Turkey and Appleton Estate.