Group 1 - Lanson-BCC is in exclusive negotiations to acquire Heidsieck & Co. Monopole from Vranken-Pommery, with a deal expected to be signed on October 1, subject to board approvals [1] - Heidsieck & Co. Monopole accounted for 18% of Vranken-Pommery's Champagne revenue in 2024, while the group's total revenue fell by 10.2% to €304 million ($357.5 million) [2] - Vranken-Pommery's Champagne division revenue dropped by 9.5% to €263.2 million in 2024, and the company is also negotiating the sale of unspecified land in the Camargue region [2] Group 2 - In the first half of 2025, Vranken-Pommery reported a turnover of €109.3 million, a slight decrease of 0.2% compared to the same period in 2024, indicating stable sales in a slightly declining Champagne market [3] - The company's half-year operating income fell by 7.2% to €13.7 million, with a net loss of €1.4 million, an improvement from a loss of €1.9 million in the previous year [4] - Lanson-BCC's first-half revenues increased by 4.8% to €92.1 million ($107.8 million), but its net income dropped by 49.7% to €1.9 million due to rising finance costs [5]
Lanson-BCC in talks to buy Vranken-Pommery’s Heidsieck & Co. Monopole
Yahoo Finance·2025-09-25 12:30