Moët Hennessy, Campari partner to build a European ecommerce platform for wines and spirits

US – French-based premium alcoholic manufacturer Moët Hennessy and maker of Italian alcoholic liqueurs Campari Group have partnered to build a European eCommerce platform for wines and spirits. The 50/50 joint venture will look at investing in wines and spirits eCommerce companies to enable them take advantage of the popularity of consumer shift to online purchases amid the Covid-19 pandemic.  Under the terms of the agreement, Campari will transfer its stake in Tannico – an alcohol eCommerce platform that it acquired last year – into the newly-formed joint venture for €25.6 million.  Tannico owns a majority stake in Ventealapropriete.com, an online…

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Moët Hennessy acquires stake in US rye whiskey company WhistlePig

USA – Luxury wine and spirits company of LVMH, Moët Hennessy has acquired a minority stake in North American farm-to-bottle rye whiskey distiller, WhistlePig as part of a new distribution partnership between the companies. Under the deal, Moët Hennessy will help WhistlePig expand into other international markets after its successful experience in the UK, the brand’s first international focus market. “It is an exciting opportunity for our team to bring the WhistlePig brand and product portfolio to many of our most valued customers.” Philippe Schaus – President and CEO of…

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Moët Hennessy acquires majority stake in Château d’Esclans Côtes-de-Provence

FRANCE – Moët Hennessy, the wine and spirits division of French conglomerate LVMH, has acquired a 55% majority stake in Château d’Esclans, the leading Provence Rosé in the American market. Moët will acquire 50% ownership from Alix AM PTE Limited, an investment group which has been a partner with Château d’Esclans since 2008 and an additional 5% shareholding from Sacha Lichine, President of Château d’Esclans. Moët Hennessy, as the majority shareholder, will work alongside Lichine, who will continue to oversee the estate and manage its future development, sealing a long-term…

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