Lanson-BCC is in “exclusive negotiations” to acquire Heidsieck & Co. Monopole from Champagne rival Vranken-Pommery.
Last week, Vranken-Pommery said it had started the process to offload Heidsieck & Co. Monopole to majority shareholder Compagnie Vranken.
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However, in a brief statement released yesterday (25 September), Vranken-Pommery said it was in talks to sell the business to Lanson-BCC.
Subject to the approval of both companies’ boards, a deal is expected to be signed on 1 October.
Lanson-BCC declined to comment when approached by Just Drinks.
In 2024, Heidsieck & Co. Monopole accounted for 18% of the revenue Vranken-Pommery generated from Champagne.
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By GlobalDataVranken-Pommery’s group revenue fell 10.2% to €304m ($357.5m) in 2024. Revenue from the company’s Champagne division dropped 9.5% to €263.2m.
The company, which oversees 2,600 hectares across four vineyard sites, is also negotiating the disposal of unspecified land and property in the Camargue region of southern France.
Beyond Champagne, Vranken-Pommery’s portfolio spans Port and Douro wines in Portugal, vineyards in southern France, and an English sparkling wine operation.
In the first half of 2025, the company generated a turnover of €109.3m, down 0.2% on the opening six months of 2024.
The group described the result as “stable sales in a Champagne market that was still slightly down”.
Vranken-Pommery’s half-year operating income fell 7.2% to €13.7m. It made a first-half net loss of €1.4m versus one of €1.9m in the corresponding period a year earlier, helped by a fall in financial expenses.
Earlier this month, Lanson-BCC booked better revenues but falling earnings for the first half of 2025 amid higher production and finance costs.
Revenues rose almost 5% due to a “favourable price/product mix” and despite Lanson shipping lower volumes year-on-year.
First-half revenues stood at €92.1m ($107.8m), an increase of 4.8% year-on-year.
Export sales came in just under half of the group’s revenues against 52.4% in the first six months of 2024. The business pointed to lower shipments to the US and Asia.
However, Lanson’s gross margins fell and its income from ordinary operations slid 11.9% to €10.9m.
Amid a 15.4% rise in finance costs, the company’s net income tumbled 49.7% to €1.9m.
