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FRANCE: Veuve Ambal to expand on sparkling wine sales

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Burgundy crémant specialist Veuve Ambal is investing more than EUR5m (US$6m) to double wine production at its plant in Montagny-lès-Beaune, France.

Veuve Ambal said it has decided to reintegrate production currently carried out by sub-contractors, in order to have better control over its sparkling wines and to enhance quality.

The company, which employs 70 staff, posted 2009 sales of EUR26m, an increase of more than 10% on the previous year, driven by buoyant market conditions, particularly for exports.

The sparkling wine producer has a current annual output of more than 10m bottles, a third of which is exported.

Bucking the prevailing trends in the French wine sector, Burgundy crémant sales increased 6% last year compared to 2008 levels.


Sectors: Company results, Wine

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