Rémy Cointreau completes Champagne sale to EPI in €412 million deal
Rémy Cointreau completes Champagne sale to EPI in €412 million deal
May 31, 2011
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The Rémy Cointreau Group and EPI announce that they have signed today an agreement for the sale by Rémy Cointreau of the entire share capital of Piper-Heidsieck – Compagnie Champenoise to EPI, enabling the latter to assume control of the Champagne operations in Reims, and Piper Sonoma, the sparkling wine brand in the US, for a price reflecting an enterprise value of €412.2 million.
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