FRANCE: Jeanjean secures AML purchase clearance
The ongoing appeal against the purchase of Bordeaux negociant Antoine Moueix Lebègue (AML) by leading French wine group Jeanjean has been resolved in favour of Jeanjean.
The Bordeaux court of appeals ruled yesterday (5 March) that the attempt to block the sale to Jeanjean, launched last month by Grands Chais de France and former director of AML Alain Gracia, was inadmissible.
"We are extremely happy," said Marc Lecompte, Jeanjean director and general director of Antoine Moueix (as it will now be called) since the signing of the transfer last November. Now, Lecompte said, "we can continue with the project we started four months ago".
For Jeanjean, which has properties in Languedoc-Roussillon, Provence, Cahors and the Rhône, the purchase of Antoine Moueix is its first in Bordeaux.
- Is Brown-Forman doing a Jack Daniel's in Ireland?
- Is Brown-Forman at the end of the SoCo road?
- Is time right for TWE to move for Diageo's wines?
- Will a sexed-up SABMiller tempt AB InBev?
- Are we kidding ourselves over craft spirits?
- Diageo secures Xerox Corp CFO as finance head
- Tesco pulls several Carlsberg SKUs in UK
- Diageo, Treasury Wine Estates quiet on wine sale
- Former Pernod Ricard exec joins Wakefield Wines
- Inver House Distillers posts FY profits leap
- The IWSR Duty Free/Travel Retail Summary Report 2015
- Future growth opportunities for global spirits
- Global gin insights - market data, product innovation and consumer trends research
- Global non-Scotch whiskies insights - market forecasts, product innovation and consumer trends research
- Global Scotch whisky insights - market forecasts, product innovation and consumer trends research