EUROPE: Remy Cointreau sells shares in cava brand Cigravi
French drinks company Rémy Cointreau has sold its stake in the cava brand Cigravi to the Giro-Ribot family.The sale means the Giro-Ribot family now controls 80% of Cigravi while 20% is held by small investors. The initial plans by the family to sell nearly 45% have apparently been put on hold.Rémy Cointreau had a 56% share stake in Cigravi after it subscribed to a Pta500m capital increase in the company in 1990. Earlier this year it sold cava producer Mas Tinell for Pta675m to Manuel Valderrama.
Get full access to all content, just $1 for 30 days
A Message From The Editor
just-drinks gives you the widest beverage market coverage.
Paid just-drinks members have unlimited access to all our exclusive content - including 17 years of archives.
I am so confident you will love complete access to our content that today I can offer you 30 days access for $1.
It’s our best ever membership offer – just for you.
Olly Wehring, editor of just-drinks
- Why Scotch must drop the 'malts good, blends bad'
- Pernod's mood darkens over India - Analysis
- Soft drinks is losing the recycling game
- Heineken Q1 2017 by region - results data
- Cognac is back - is Remy Cointreau ready?
- Diageo to cut 105 jobs in Scotland, 50 in Italy
- Scotch sales set to soar, despite recent struggles
- Pernod Ricard posts solid YTD sales jump - results
- Edrington shifts innovation to US in shake-up
- Pernod Ricard YTD fiscal-2017 sales performance
- Global Champagne and sparkling wine insights - market forecasts, product innovation and consumer trends
- Global Scotch insights - market forecasts, product innovation and consumer trends
- Battle of the Generations - The fight for iGen, Millennial, Gen X and Baby Boomer consumers
- Myanmar - ISA Country Report
- Flavoured Powder Drinks in 2017: Confronting an Ageing World