FRANCE: Moet Hennessy to build second Cognac bottling site

By | 28 May 2013

Moet Hennessy is investing in increasing its operations in Cognac, France

Moet Hennessy is investing in increasing its operations in Cognac, France

Moet Hennessy is set to build a new bottling plant for its Hennessy Cognac brand after acquiring a 30-hectare plot of land on the outskirts of Cognac. 

The company, which is part of the French, luxury brands group, LVMH, confirmed to just-drinks last week that the purchase is a result of its inability to expand its existing facilities in the suburbs of Cognac. The facility is scheduled to begin operations in 2016-2017.

The company did not disclose financial details behind the acquisition.

"A couple of years ago, we announced plans to increase annual output from 5m 12X70cl cases (in 2010) to 10m cases by 2025-2030,” a spokesperson for Moet Hennessy told just-drinks. “The land acquisition is one of the first stages in this project taking shape.”

At the end of last year, a new EUR10m (US$12.9m) fully-automated packaging line entered service at Hennessy's existing Cognac base. 

As well as the packaging line and the bottling plant, Moet Hennessy said it will also invest in increasing its storage facilities in the region.

Last month, Moet Hennessy posted a marked slowdown in its sales during the first three months of the year.


View Larger Map

Expert analysis

LVMH Moet Hennessy Louis Vuitton SA - SWOT, Strategy and Corporate Finance Report

LVMH Moet Hennessy Louis Vuitton SA - SWOT, Strategy and Corporate Finance Report, is a source of comprehensive company data and information. The report covers the company’s structure, operation, SWOT analysis, product and service offerings, detailed financials, and corporate actions, providing a 360° view of the company.

Sectors: Spirits

Companies: LVMH

View next/previous articles

Currently reading -

FRANCE: Moet Hennessy to build second Cognac bottling site

There are currently no comments on this article

Be the first to comment on this article

Related research

LVMH Moet Hennessy Louis Vuitton SA (MC) - Financial and Strategic SWOT Analysis Review

LVMH Moet Hennessy Louis Vuitton SA (MC) - Financial and Strategic SWOT Analysis Review provides you an in-depth strategic SWOT analysis of the company’s businesses and operations. The profile has been compiled by GlobalData to bring to you a clear a...

LVMH Moët Hennessy Louis Vuitton SA in Wine (World)

LVMH owns the world’s two leading champagne brands: Moët & Chandon and Veuve Clicquot. The champagne market’s outlook however is modest with its largest market Western Europe not feeling the desire to celebrate in recent years. Meanwhile other sparkl...

Wine in New Zealand

Wine in New Zealand industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2008-12, and forecast to 2017). The profile also contains descriptions of the leading playe...

Related articles

TFWA Review: Heineken craft plans, Stolichnaya changes, Hine happy to be home

There's usually a surprise or two at the Tax Free World Association (TFWA) World Exhibition in Cannes.

TRAVEL RETAIL: Diageo ups Johnnie Walker Travel Retail volumes - Research

Diageo's Johnnie Walker Scotch whisky brand strengthened its hold on the global Travel Retail market last year, increasing volumes by 15%, new figures have shown.

FRANCE: Moet Hennessy sees sales hold firm in YTD

The spirits arm of LVMH, Moet Hennessy, has seen its nine-month sales performance mirror the sales increase posted for the first six months of this year.

just-drinks tagline

Not a member? Join here

Decrease font sizeDecrease font sizeDecrease font size Increase font sizeIncrease font sizeIncrease font size Comment on this article Email this to a friend Print this page