Remy Cointreau, the leading French spirits firm, has announced it is to acquire brandy maker Maison de Cognac JR Brillet and part of its vineyard estate.
“Since the beginning of the Brillet family’s history in the 17th century, Maison JR Brillet has built up a vineyard estate and a stock of eaux-de-vie that enables it to produce high-end products”, Remy Cointreau said in a statement. “The acquisition of Maison JR Brillet will represent, for Rémy Cointreau, the opportunity to integrate spirits with genuine development potential into its portfolio and to increase, over time, the value of an inventory of eaux-de-vie and vineyards of the highest quality”.
The acquisition is expected to close this autumn. Terms of the deal were not disclosed.
Source: Remy Cointreau