COGNAC DAILY NEWS

MARKETING/DESIGN/CONSUMER TRENDS/INSPIRATIONS Cognac & Brandy News for Consumers & Industry Experts

RUMOR OF MARNIER-LAPOSTOLLE BEING FOR SALE

Grand Marnier Group is considering a variety of business options, including a sale, with the help of Rothschild, according to sources.

Grand Marnier is famous for its orange liquor which is a key ingredients in many cocktails.

Marnier, Grand Marnier and Cognac Marnier

Marnier, Grand Marnier and Cognac Marnier

The news sent shares of the French cognac producer soaring by 8.5% to $5,094, placing the company at a value of nearly $433 million.

Grand Marnier was founded in 1827 by Jean-Baptiste Lapostolle, who started a distillery producing fruit liquors. Now, it produces liquors (Grand Marnier), cognac (Marnier), armagnac (Lapostolle), pineau (Marnier) and wines (Lapostolle).

Grand Marnier is famous for its orange liquor which is a key ingredients in many cocktails.

Source: BusinessWeek.com

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This entry was posted on November 21, 2014 by in Grand Marnier and tagged , , , , , .
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