Following some weeks of negotiation, the French wines and spirits group, Marie Brizard et Roger International, and the supermarket group, Casino, have signed a draft agreement for the sale of the supermarket chain's wine subsidiary, Chais Beaucairois, to the Bordeaux-based drinks group for around €22.6m ($22.3m).

In addition to bottling wine, Chais Beaucairois, based in Beaucaire in southern France, also produces spirits and fruit drinks. The company, which employs 250 people, recorded sales of €153.9m ($151.9m) in 2001, around 20% of which came from export markets. Marie Brizard registered sales of €220.6m ($217.8m) in 2001.