News

FRANCE: Moët & Chandon to invest EUR30m to up capacity

Most popular

Budweiser Brewing Group - The end of A-B InBev?

Carlsberg's priorities for the years ahead

A-B InBev - getting ready for Heineken in China?

The just-drinks Analyst returns

Molson Coors - Present and future

MORE

LVMH-owned Moët & Chandon has begun work on a EUR30m (US$42.6m) project that will increase its Champagne production and storage capacity by 20% on current levels.

//i2.aroq.com/1/moet.jpg

The company had put the project on hold when the global economic crisis broke in 2008, but a rebound in demand for Champagne has prompted the group to dust off its plan.

Moët & Chandon’s director of operations, Bernard Decottignies, told just-drinks today (12 May) that the 6,000 square-metre building will house 137 individual vats with a total capacity of 100,000 hectolitres.

“This project is designed to provide scope for us to accommodate strong growth in business, our forecasts showing  that in 2014 sales will surpass the record volumes posted in 2007," Decottignies said.

The building is scheduled for completion at the end 2011 and the vats will enter service with the 2012 harvest.


Sectors: Wine

Companies: LVMH Group

Related Content

Chandon to become

Chandon to become "third pillar brand" for Moet Hennessy - CEO...

"Everything we are doing is to create value, not volume" - Interview, Baron Philippe de Rothschild C...

Why The Macallan 2.0 is the ultimate challenge to its Scotch whisky rivals - Comment

Why The Macallan 2.0 is the ultimate challenge to its Scotch whisky rivals - Comment...

Comment - China's Sparkle Lures Moët Hennessy

Comment - China's Sparkle Lures Moët Hennessy...

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?