Rémy Cointreau bids for French Alps distillery

Rémy Cointreau Group has entered into “exclusive negotiations” to acquire Domaine des Hautes Glaces, an organic single malt whisky distillery in the French Alps.

Rémy Cointreau has entered into “exclusive negotiations” to acquire Domaine des Hautes Glaces

Rémy Cointreau Group has submitted an offer for an undisclosed amount, with a view to acquiring the distillery’s entire share capital.

Since 2009, ‘grain-to-glass’ distillery Domaine des Hautes Glaces has produced single malt whiskies in the Trièves Mountains, an area located at 900m altitude within the French Alps.

Production is centred on sustainable development – each whisky is certified organic, manufactured in a “traditional and authentic way” from grains including barley, rye, spelt and hull-less oats, and subjected to “different alpine climates”.

A statement from Rémy Cointreau reads: “The acquisition of this company represents the opportunity for Rémy Cointreau to incorporate into its portfolio a high-end brand with genuine potential and to increase, over time, the value of an inventory of whiskies of the highest quality by involving the Domaine des Hautes Glaces team in this development.”

According to Rémy, the acquisition contract “could” be signed before the end of 2016.