News

FRANCE: LVMH still interested in Glenmorangie

Most popular

Diageo/LVMH move for Pernod won't wash

just-drinks speaks to Pernod CEO Alex Ricard

From cannabis to carbs - top innovation trends

The just-drinks Analyst returns

How to win the marketing war in spirits

MORE

LVMH Moet Hennessy Louis Vuitton has not ruled itself out of the race for Glenmorangie.

Speaking to Dow Jones, the head of LVMH's wines and spirits division, Christophe Navarre, said: "We are aware of the sale, of their high operating margin, and their strong position in the market."

Navarre also said that his division is always interested in super-premium brands, and added that he considers Glenmorangie to be a super-premium brand.

LVMH has strong positions in premium cognac and vodka, but Navarre said tequila, rum or liqueur could also fit nicely in its liquor cabinet.

Speculation has been rife about potential buyers since the Macdonald Family and Trust - who own over 50% of Glenmorangie - to sell their entire shareholding in the company.  This, in turn, triggered the sale of the company.


Sectors: Spirits

Companies: LVMH Group

Related Content

Moet Hennessy not in play for Diageo, despite LVMH Christian Dior purchase

Moet Hennessy not in play for Diageo, despite LVMH Christian Dior purchase...

"Africa is Asia in 15 to 20 years from today" - just-drinks speaks to Pernod Ricard CEO Alex Ricard...

The spirits category in 2018 - just-drinks' Review of the Year, Part III - FREE TO ACCESS

The spirits category in 2018 - just-drinks' Review of the Year, Part III - FREE TO ACCESS...

"The worst thing you can do in luxury is send inconsistent brand messages" - Interview Tareef Shawa,...

Oops! This article is copy protected.

Why can’t I copy the text on this page?

The ability to copy articles is specially reserved for people who are part of a group membership.

How do I become a group member?

To find out how you and your team can copy and share articles and save money as part of a group membership call Sean Clinton on
+44 (0)1527 573 736 or complete this form..



Forgot your password?