Round-Up - The Trials and Tribulations of Belvédère

France-based Belvédère Group has spent the last year juggling its debt, while looking for a suitor to buy its Marie Brizard unit. Here's the back-story and the latest

Comment - Belvédère courts uncertainty over relaunch plan

22 September 2010

Belvédère needs to wrap up the sale of Marie Brizard, and soon, or market jitters could spell serious problems.

FRANCE: Belvédère loses appeal on debt repayment

22 September 2010

Belvédère has suffered a potentially serious setback to its financial recovery plan after a court confirmed that the French drinks group must pay back debt more quickly than previously expected.

FRANCE: Belvédère secures US investor, new candidate emerges for Marie Brizard

9 September 2010

Belvédère has announced the signature of an agreement with Global Emerging Markets Group (GEMG) with the US firm set to invest up to EUR70m (US$89m) in the drinks group over the next three years.

FRANCE: Belvedere losses sink deeper in '09

4 May 2010

Troubled French drinks group Belvédère has seen net losses for 2009 plunge to EUR177.6m (US$234m).

FRANCE: Belvédère begins talks to sell Marie Brizard

17 November 2009

French drinks group Belvédère is in negotiations with several potential candidates over the sale of its Marie Brizard business, which produces William Peel Scotch whisky.

FRANCE: Court approves Belvédère debt re-scheduling plan

10 November 2009

A commercial court in Dijon, eastern France, has approved a relaunch plan presented by embattled French drinks group Belvédère that will reschedule the group's debt over 10 years.