French gourmet grocer Fauchon Paris plans to acquire or buy into the Champagne sector as it looks to reorganise its wines and spirits offering.
Fauchon currently sells Champagne supplied by several producers and bottled under its own brand name.
“An acquisition or shareholding is one option we are considering and the process is well-advanced in that we have identified a number of potential candidates and also received offers,” Frédéric Brochet, the director of Fauchon’s wines and spirits division, told just-drinks this week.
He said Fauchon was aiming to sign a deal in time for the 2010 harvest.
“It is no simple task securing supplies at the right price while meeting criteria on quantity and quality and a direct presence in the Champagne vineyards would provide scope to achieve this,” said Brochet.
Last autumn, Fauchon said it would launch a range of top wines on international markets.
Subscribe to Just Drinks for just £1 for 1 month
Stay ahead with unbiased news, expert commentary, and in-depth features on global topics.
As a trusted provider of data and insights, Just Drinks collaborates closely with industry leaders and professionals to offer unique thought leadership and analysis. Gain a deeper understanding of the apparel industry’s trajectory and the priorities shaping the profession.
What’s included in your subscription:
- Personalized Access: Secure login to Just Drinks
- Industry News & Expert Commentary: Timely updates and exclusive C-level interviews.
- Case Studies & Deep Dives: Real-world applications and in-depth analyses.
- Exclusive Subscriber Newsletter: Weekly top features, plus a new thematic report and webinar.
Ready to stay informed?
