FRANCE: Remy sells €65m in assets
By just-drinks.com editorial team | 14 July 2003
The French wines and spirits group Remy Cointreau has sold off its sold Societe Martiniquaise de Canne a Sucre business, which produces rhum Saint James. The company said that in total during June and July it had sold off assets worth €65m. This will result in a capital gain of €25m in fiscal year 2003-2004, and will slightly enhance earnings, it said.
just-drinks articles are only available to registered users and members.
Join now for increased access
There are various access options to choose from. All provide instant access to the latest news, insight and expert analysis.
If you’re already a member, login here.
The French wines and spirits group Remy Cointreau has sold off its sold Societe Martiniquaise de Canne a Sucre business, which produces rhum Saint James. The company said that in total during June and July it had sold off assets worth €65m. This will result in a capital gain of €25m in fiscal year 2003-2004, and will slightly enhance earnings, it said.
- Unlimited access to all the latest global beverage news and insight
- Expert analysis that puts the news into context
- Exclusive interviews with leading industry figures
- Monthly management briefings with detailed analysis on hot topics
- Personalised RSS feeds and email newsletters
- 10-year archive of news, insight and intelligence
- Discounts on just-drinks market research
- Plus much more
If you’re already a member, login here
More articles related to this one
FRANCE: Remy Cointreau revamps Champagne
Remy Cointreau is looking to restructure its Champagne business, according to local reports.
UK: Remy Cointreau rating upgraded
Remy Cointreau has had its investor rating raised.
FRANCE: Remy Cointreau FY profits nosedive
Remy Cointreau has posted a drop in full year net profit in spite of increasing revenues.
