Subscriber login Close [x]
remember me
You are not logged in.

Calvet sold to owner of JP Chenet

Published:  23 July, 2008

Bordeaux negoiant house Calvet has been sold to Les Grands Chais de France, which owns the JP Chenet brand.

Majority shareholders, Cognac-based H Mounier, has sold Calvet for an undisclosed sum to the Alsace-based company.

It is not clear whether any redundancies will be made,

but Les Grands Chais' UK director, Tim North, told

Harpers: As I understand it, everybody will be given the chance to stay.'

He added that it was too early to say what the future held for Calvet.