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Offer by RA(c)my Cointreau to Acquire the Maison de Cognac JR Brillet.

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Vincent

MANews-(C)2009-2019

29 May 2019 - French liquor company The RA(c)my Cointreau Group (PAR: RCO) has entered into exclusive negotiations with the Brillet family with the intention of acquiring the Maison de Cognac JR Brillet and part of its vineyard estate, the group said.

Since the beginning of the Brillet family's history in the 17th century, Maison JR Brillet has built up a vineyard estate and a stock of eaux-de-vie that enables it to produce high-end products.

The acquisition of Maison JR Brillet will represent, for RA(c)my Cointreau, the opportunity to integrate spirits with genuine development potential into its portfolio and to increase, over time, the value of an inventory of eaux-de-vie and vineyards of the highest quality.

The signing of the deeds of acquisition, which remains subject to the administrative procedures provided for by the regulations in force, should take place in fall 2019.

RA(c)my Cointreau, a family-owned French Group, has a portfolio of 12 brands, such as the RA(c)my Martin and Louis XIII cognacs, and...

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