FRANCE: Drouhin acquires stake in holding company

By Stuart Todd | 22 April 2003

Burgundy trader, Joseph Drouhin, has acquired the 51% stake in its holding company held by Japanese milk products group and wines importer, Snow Brand Milk. The holding company, Société d'Exploitation et Participation Viti-vinicole (SEPV), was set up in 1994 to mark the entry of Snow Brand Milk as a shareholder.

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Burgundy trader, Joseph Drouhin, has acquired the 51% stake in its holding company held by Japanese milk products group and wines importer, Snow Brand Milk. The holding company, Société d'Exploitation et Participation Viti-vinicole (SEPV), was set up in 1994 to mark the entry of Snow Brand Milk as a shareholder.

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