Remy Cointreau in exclusive talks to acquire Domaine des Hautes Glaces
Remy Cointreau Group (Paris:RCO) announces that it has entered into exclusive negotiations with the shareholders of theDomaine des Hautes Glaces distillery with a view to acquiring its entire share capital.
Created in 2009, Domaine des Hautes Glaces produces exceptional single malt whiskies from the Trièves Mountains, an area located at 900m altitude in the French Alps. These whiskies are produced while adhering to a sustainable development approach: certified organic, they are manufactured in a traditional and authentic way from various grains (not only barley and rye, but also spelt and hull-less oats) and under different alpine climates, which gives them their unrivalled flavour.
The acquisition of this company represents the opportunity for Remy Cointreau to incorporate into its portfolio a high-end brand with genuine potential and to increase, over time, the value of an inventory of whiskies of the highest quality by involving the Domaine des Hautes Glaces team in this development.
The acquisition contract could be signed before the end of 2016.