The strike at LVMH’s Moët Hennessy Champagne et Services (MHCS) has come to an end.
The 11-day strike, which began last month, had been supported by around 1,100 staff in vineyards, production and administration.
Unions and management have reached an agreement covering bonus payments, incentives and employee health insurance benefits.
The unions accepted a ‘merger’ bonus payment of EUR750 (US$1,000) per employee, having demanded EUR1,500 as a result of the creation of MHCS. They also got an improved deal on profit-sharing as well as improved health cover in the event of long-term illness/incapacity.
MHCS groups Champagne brands Moët et Chandon, Veuve Clicquot, Ponsardin, Krug, Ruinart and Mercier.
Stay informed for just £1! *
Subscribe to Just Drinks for unbiased coverage of the global drinks industry, offering insights into the corporate strategies of beverage manufacturers and brands worldwide.
What’s included in your subscription:
Unlimited access to Just Drinks content including daily global news, in-depth analysis, and interviews with C-suite executives
Unbeatable coverage of categories from beer, wine and spirits to soft drinks and hot beverages
Unrivalled drinks industry comment from leading sector specialists
Ready to stay informed? Subscribe now and gain access to exclusive content.
How well do you really know your competitors?
Access the most comprehensive Company Profiles
on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Company Profile – free
sample
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the
unique
quality of our Company Profiles. However, we want you to make the most
beneficial
decision for your business, so we offer a free sample that you can download by
submitting the below form