Lucas Bols

Family-owned business Remy Cointreau has announced the sale of its shares in the Passoa SAS joint venture to Lucas Bols for € 71.3 million ($86 million). The joint venture was established in December 2016 between Lucas Bols and Remy Cointreau to operate and further develop the Passoa passionfruit-flavoured liqueur brand in France and international markets. According to sources, Remy Cointreau was in charge of the distribution, manufacturing, trademark, and inventory of …