Brief: French regulator gives conditional clearance to COFEPP takeover of Marie Brizard

Marie Brizard Wine and Spirits SA

28/02/2019 09:15

Feb 28 (Reuters) - Marie Brizard Wine and Spirits SA
 MBWS.PA :
    
    * The Autorité de la concurrence clears - subject to
conditions - the acquisition of the group Marie Brizard by
Compagnie Financière Européenne de Prise de Participation
(COFEPP)
    * On 3 January 2019, the Compagnie Financière Européenne de
Prises de Participation notified the Autorité de la concurrence 
of its intention to acquire sole control of the group Marie
Brizard Wine & Spirits from which it was already the main
minority shareholder
    * Cofepp is at the head of a group of companies, among them
La Martiniquaise and Bardinet, which are notably active in the
market of spirit production. It owns numerous brands such as
Poliakov (vodka), Label 5 and Sir Edward's (whiskey), Cruz
(port), Gibson's (gin), Tiscaz and Jose Cuevo (tequila) and
Saint James and Old Nick (rum).

 ((sudip.kargupta@thomsonreuters.com;))