DE4CC0DE-5FC3-4494-BCBF-4D50B00366B5
Drinks

Rémy Cointreau Disposes Of Distribution Arms In Czech Republic, Slovakia

By Steve Wynne-Jones
Share this article
Rémy Cointreau Disposes Of Distribution Arms In Czech Republic, Slovakia

Drinks firm Rémy Cointreau has announced the disposal of its distribution subsidiaries in the Czech Republic and Slovakia to Jägermeister.

Under the terms of the transaction, Mast-Jägermeister SE will take control of Rémy Cointreau Czech Republic and Rémy Cointreau Slovakia for an undisclosed fee.

‘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’, Rémy Cointreau said in a statement.

Rémy Cointreau added that the transaction is in line with its strategy to reorganise its distribution network in coherence with the upscaling of its brand portfolio.

© 2019 European Supermarket Magazine – your source for the latest retail news. Article by Stephen Wynne-Jones. Click subscribe to sign up to ESM: European Supermarket Magazine.

ADVERTISEMENT
Get the week's top grocery retail news

The most important stories from European grocery retail direct to your inbox every Thursday

Processing your request...

Thanks! please check your email to confirm your subscription.

By signing up you are agreeing to our terms & conditions and privacy policy. You can unsubscribe at any time.