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Drinks

Rémy Cointreau Acquires Majority Stake In Champagne J.de Telmont

Rémy Cointreau has announced that it has acquired a majority stake in Champagne J.de Telmont, owned by the Lhopital family.

The deal includes brands, inventory, production facilities, real estate assets as well as vineyards in the Champagne region.

Founded in 1912 in Damery near Epernay, champagne House is characterised by traditional craftsmanship and commitment to organic agriculture.

Tremendous Growth Potential

Eric Vallat, CEO of Rémy Cointreau, said. “We are delighted to welcome J.de Telmont champagne into the Rémy Cointreau Group family of wines and spirits.

"This acquisition adds to the Group’s portfolio a craft champagne brand that offers tremendous growth potential and shares the same values of terroir, people and time as its other Houses.”

Champagne J.de Telmont will be chaired and managed by Ludovic du Plessis, Rémy Cointreau said.

He has extensive experience in high-end champagnes and spirits and served as the executive director of cognac house Louis XIII for six years.

Developing The Brand

Commenting on his role, du Plessis, said, “Our ambition is to develop the J.de Telmont brand, particularly outside France while protecting its master craftsmanship in champagne and stepping up the focus on organic/biodynamic agriculture at a time when only 3% of champagne vineyards are certified for organic production. The House will thus remain true to its motto, ‘Nec pluribus impar’- ‘Unlikely any other’”.

Bertrand Lhopital, a fourth-generation member of the founding family will continue to work with Rémy Cointreau, the spirits giant added.

© 2020 European Supermarket Magazine – your source for the latest retail news. Article by Dayeeta Das. Click subscribe to sign up to ESM: The European Supermarket Magazine.

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