The family of Heriard Dubreuil could soon control a majority stake in the company of Remy-Cointreau, that owns the cognac house of Rémy Martin.

Remy-Cointreau became really big when Cointreau and Remy Martin merged in the 90s. Remy Cointreau reported a turnover of 800 million € and a net profit of 86 million € – and they are focusing now on investing in their core brands:

  • Remy Martin (of course)
  • Cointreau
  • Passoa
  • Metaxa
  • Mount Gay Rum
  • Piper-Heidsieck and Charles Heidsieck Champagne
Line Up Remy Cointreau

The chairman of R-C is Dominique Heriard-Dubreuil, the shareholders are Orpar at 43% and Récopart at 14%. Now here comes the tricky part: Orpar has the biggest share, which again is owned by Andromeda – and that company belongs to the family of Heriard-Dubreuil.

Récopart is actually owned by Orpar at 49.18%  (so.. yes.. the family of Heriard-Dubreuil, again) and 50.82% is owned by Pierre-Cointreau.

Now, what’s going to change? In fact, the family intends to transfer its Récopart shares to Orpar which would then lead to a majority of Opar.

But before such a transaction, Orpar and Récopart have to make it public and offer Récopart’s shares in public.

History of the Remy Cointreau group

1663 Date of first distillation of Mount Gay Rum in Barbados.
1724 Foundation of the House of Rémy Martin
1785 Foundation of the house Piper-Heidsieck in Reims by Florens-Louis Heidsieck.
1849 Establishment of Cointreau & Cie by brothers Cointreau in Angers
1888 Creation of the brand Metaxa in Greece.
1986 Creation of the brand Passoã

Acquisition in 1924 by André Renaud E. Remy Martin & Co. S.A.
Heriard Dubreuil Andre 1965 succeeded of his father André Renaud
1966 International distribution of Remy Martin
1980 Remy Martin creates the joint venture Sino-French Dynasty Wineryavec la municipalité de Tianjin (RPC)
1985 Acquisition of CharlesHeidsieck
1988 Acquisition of iper-Heidsieck Champagne
1989 Acquisition Mount Gay Rum
1991 The company is renamed to Remy Cointreau
1998 Dominique Heriard Dubreuil becomes President of Remy Cointreau
1999 Joint venture with the Maxxium distribution partners, Remy Cointreau, The Edrington Group and Beam Global Brands (Fortune Brands)

2000 Acquisition of Bols Royal Distilleries including brands such as Bols and Metaxa
Remy Cointreau idesides in 2006 to gain full control again on its distribution
2008 Remy Cointreau leaves Maxxium and establishes a new distribution organization
2009 March 30th, Rémy Cointreau leaves the Maxxium distribution joint venture

Source: Sud Ouest and Remy Cointreau website

1663 Date of first distillation of rum Mount Gay Rum in Barbados.
1724 Foundation of the House of Rémy Martin
1785 Foundation of the house Piper-Heidsieck in Reims by Florens-Louis Heidsieck.
1849 Establishment of Cointreau & Cie by brothers Cointreau in Angers
Foundation in 1851 by Charles-Camille Heidsieck champagne that bears his name Charles Heidsieck.
1888 Creation of the brand Metaxa in Greece.
1986 Creation of the brand Passoã

The history of the Group:

1924 – 1988

Acquisition in 1924 by Andre Renaud E. Remy Martin & Co. S.A.
Heriard Dubreuil Andre 1965 succeeded his father-André Renaud
1966 Creation of the international distribution Remy Martin
1980 Remy Martin creates the joint venture Sino-French Dynasty Wineryavec municipality of Tianjin (PRC)
1985 Acquisition by the group Remy Martin champagne CharlesHeidsieck
1988 Acquisition by the group Remy Martin, Piper-Heidsieck champagne

1989 – 1999

1989 Acquisition by the group Remy Martin of Mount Gay Rum
1990 Contribution by Pavis SA securities Rémy Martin Cointreau & Cie SA
1991 The Group takes the name of Remy Cointreau
1998 Dominique Heriard Dubreuil became President of Remy Cointreau
1999 Birth of the joint venture Maxxium distribution agreement with three partners,
group Remy Cointreau, The Edrington Group and Beam Global Brands (Fortune Brands)

2000 to present

2000 Acquisition of Bols Royal Distilleries including brands such as Bols and Metaxa
2001 Vin & Sprit in Maxxium joins as fourth partner
2005 Dynasty Fine Wines Group is introduced to the Stock Exchange of Hong Kong
2005 Divestment of Polish Bowls CEDC
2006 Divestment of liquors & spirits Netherlands and Italy (Bols and Galliano)
Remy Cointreau in 2006 decided to resume full control of its distribution due March 2009
2008 Year of transition for the exit from Maxxium
Establishing a new distribution organization
2009 March 30, exit of Rémy Cointreau the Maxxium distribution joint venture

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Max is a spirits expert and speaker, into marketing, technology, startups, and business development. He’s also a farmer. He likes tools and machines, Game of Thrones, and Better Call Saul. Included in his Top 10 Cognacs are the Audry XO and Bache Gabrielsen 1973.Max founded Cognac Expert in 2010 at his family’s estate in Poullignac, in the Cognac region, France. Started as a blog, today Cognac Expert is the world’s largest website about all things Cognac, a blog, and a specialized online shop featuring 800+ different Cognac bottles.

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