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Marnier Lapostolle quells sale talk but reviews distribution

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The Société des Produits Marnier Lapostolle, producer of Grand Marnier, has said there are “no plans” to sell the company, following press speculation of a possible deal.

Last month, Bloomberg quoted unnamed sources as suggesting the group was “exploring strategic options” for the business, including a possible sale. The source claimed the company, which is listed on the Paris Stock Exchange, could attract bids from private equity, as well as other drinks firms.

However, in a statement issued this week, the Paris-based firm said: “Following rumours in the press, the Société des Produits Marnier Lapostolle confirms there are no plans to sell the control of the company. 

It added: “The group also states it is currently reviewing the worldwide distribution strategy of its spirits.”

Last year, Marnier Lapostolle renewed distribution tie-ups with Moet Hennessy, for the US, and a deal allowing Diageo to handle its brands in Canada.

As well as the Grand Marnier liqueur, the company also owns the Armagnac Lapostolle and Pineau des Charentes spirits brands and the Chateau de Sancerre wine brand.


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