Rémy Cointreau is a French, family-owned business group specialized in the production and distribution of alcoholic beverages. The group's products include cognac (Rémy Martin, Louis XIII), triple sec (Cointreau), the Greek spirit Metaxa, rum (Mount Gay), brandy (St-Rémy), gin (The Botanist) and whisky (Bruichladdich, Port Charlotte, Westland, Domaine des Hautes Alpes). The group, whose origins date back to 1724, was formed in 1990 after the merger of Rémy Martin and Cointreau. Rémy Cointreau also owns the fragrance company Maison Psyché.
History
The cognac company Rémy Martin was created in 1724. It started international exports the following century and created the high-end cognac brand Louis XIII in 1874. Rémy Martin was bought in 1924 by André Renaud and launched the cognac brand VSOP Fine Champagne in 1927.[2][3] In 1965, André Hériard Dubreuil (stepson of André Renaud) took over the direction of the company. He switched the group's focus on luxury brands, modernized its marketing, and developed its own international distribution network.[4] During the 1980s, the group acquired Charles Heidsieck (1985), Piper-Heidsieck (1988), Mount Gay Rum (1989), and created the brand Passoã (1986).[3] A joint-venture was launched in China to create the Dynasty Fine Wines Group,[5] and another one in California to create Rémy Martin Schramsberg, the first Californian distillery since the Prohibition.[6]
The Rémy Cointreau Group is a result of a 1990 merger between E. Rémy Martin & Cie SA and Cointreau & Cie SA, respectively.[7] During the 1990s, the group divested a few brands including the champagne Krug.[8] Rémy Cointreau created the international distribution network (outside the USA) Maxxium in 1999 with Highland and Jim Beam Brands[9] and acquired the Bols group (Bols, Metaxa, Curaçao, Asbach Uralt) in 2000.[10] The group left Maxxium in 2009 to create its own international distribution network.[11] In 2011, it sold the champagnes Piper-Heidsieck and Charles Heidsieck to French luxury goods group EPI for 422 million euros.[12]
Rémy Cointreau acquired the Bruichladdich Distillery Company (Bruichladdich, Port Charlotte, Octomore, The Botanist - B Corp certification in 2020) in 2012,[13] The Westland Distillery (US)[14] and the Domaine des Hautes Glaces (Alps, France) in 2017,[15] and the cognac J.R. Brillet[16] and the champagne Telmont in 2020,[17] and divested Passoã the same year.[18] In 2022, Rémy Cointreau created the fragrance company Maison Psyché, which uses spirits' aging methods to create high-end perfumes.[19]
Description
Rémy Cointreau is a French business group specialized in the production and distribution of alcoholic beverages. The group is based in Cognac, France. Its main shareholder is the Hériard Dubreuil family. It is indexed in the Euronext Paris as a CAC Next 20 component.
Rémy Cointreau owns the following brands: Rémy Cointreau also owns the high fragrance company Maison Psyché.[19]
External links
References
- Rémy Cointreau a vu fondre son résultat net en 2023-2024, Rayon Boissons, 7 June 2024^
- Beatrice Parrino. Rémy Cointreau, le roi du cognac Le Point, 2022-12-18, retrieved 2023-12-15^
- Tristan Gaston-Breton. 11. Les Hériard Dubreuil Les Echos, 2000-08-14, retrieved 2023-12-15^
- Steven Greenhouse. A New Global Status for Cognac The New York Times, 12 February 1988, retrieved 16 December 2023^
- Chinese Winemaker Dynasty Opens Tianjin Chateau, Eyes International Credibility jingdaily.com, 2010-11-10, retrieved 2024-03-21^
- Chicago Tribune. FIRST CALIFORNIA DISTILLERY SINCE PROHIBITION READY TO OFFER A Chicago Tribune, 1986-01-23, retrieved 2024-03-21^
- Anthony Ramirez. Remy Martin and Cointreau Plan to Merge New York Times, 1989-11-11, retrieved 2020-08-25^
- Amy Barrett. LVMH Buys Krug Champagne Brand From Troubled Drinks Group Rémy The Wall Street Journal, 22 January 1999, retrieved 16 December 2023^
- Spiritueux : la nouvelle donne mondiale LSA Conso, 1999-06-11^
- Remy Cointreau schluckt Bols - WELT DIE WELT, 2011-11-17, retrieved 2023-12-15^
- Rémy Cointreau terminates links with Maxxium – 23/11/06 The Moodie Davitt Report, 2006-11-23, retrieved 2023-12-15^
- Adam Lechmere. Piper-Heidsieck and Charles Heidsieck sold to EPI | Daily wine news - the latest breaking wine news from around the world | News decanter.com, 2010-11-17, retrieved 2011-03-18^
- Bruichladdich and Rémy Cointreau Reach Agreement bruichladdich.com, 2012-07-23, retrieved 2012-07-23^
- Rémy Cointreau to buy U.S. single malt whiskey maker Westland Reuters, 1 December 2016, retrieved 16 December 2023^
- Octavia Bromell. Rémy Cointreau buys Domaine des Hautes Glaces The Drinks Business, 2017-01-05, retrieved 2023-12-15^
- Rémy Cointreau: Closing of the Acquisition of the Maison de Cognac J.R. Brillet Nasdaq, 30 April 2020, retrieved 16 December 2023^
- Joseph V. Micallef. Rémy Cointreau’s Telmont Champagne Acquisition Reaffirms Its Focus On Terroir Forbes, retrieved 2023-12-15^
- Owen Bellwood. Rémy Cointreau exits Passoã joint venture The Spirits Business, 2020-12-04, retrieved 2024-03-21^
- Andrea Saadan. The essence of time: Introducing Maison Psyché, an ultra-luxurious new perfume house Tatler Asia, retrieved 2023-12-15^
- Frank Stassi. [Drinks stories] La liqueur de cognac et de poires Belle de Brillet se remet au goût du jour L'Usine Nouvelle, 2022-08-21^