FRANCE: Moët Hennessy acquires Montaudon Champagne

By just-drinks.com editorial team | 12 December 2008

Moët Hennessy, the wines and spirits group owned by LVMH, has acquired the Montaudon Champagne house. A purchase price was not disclosed.

Founded in 1891, the Montaudon family business is situated at the heart of Reims.

Montaudon will join LVMH's portfolio of champagne brands: Dom Pérignon, Moët & Chandon, Veuve Clicquot Ponsardin, Krug, Ruinart and Mercier.

Christophe Navarre, chairman of Moët Hennessy, said: "The acquisition of Montaudon enables us to complete our portfolio of prestigious brands and to increase our Champagne reserves. This corresponds with Moët Hennessy's strategy to strengthen its worldwide leadership in the luxury wines and spirits sector."

Montaudon is a traditional Champagne house whose wines are sold in France and over 25 other countries. The company employs 29 people. The company recently invested in a new production site at Croix-Blandin.

Sectors: Wine

Companies: LVMH