:. Food Industry News

Categories: Mergers and Acquisitions

Moët Hennessy Acquires the Montaudon Champagne House

Source: LVMH
12/12/2008

Paris, 12 December 2008 - Moët Hennessy, the wines and spirits group owned by LVMH, the world's leading luxury products group, announces the acquisition of the Montaudon champagne house.

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Founded in 1891, the Montaudon family business is situated at the heart of Reims.

It produces a high quality champagne and has recently invested in a new production site at Croix-Blandin.

Montaudon will join LVMH’s portfolio of champagne brands: Dom Pérignon, Moët & Chandon, Veuve Clicquot Ponsardin, Krug, Ruinart and Mercier.

For Christophe Navarre, Chairman of Moët Hennessy: “The acquisition of Montaudon enables us to complete our portfolio of prestigious brands and to increase our champagne reserves. This corresponds with Moët Hennessy’s strategy to strengthen its worldwide leadership in the luxury wines and spirits sector.”



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