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REMY COINTREAU TALKS CHAMPAGNE AND SPIRIT ACQUISITIONS

Putting numbers aside, a few interesting things came out of Remy Cointreau’s first half results yesterday. The company’s managing director Jean-Marie Laborde said rising grape prices could lead to the disappearance of artisan champagne brands in the coming years as a result of grape shortages."It's clear there will be consolidation among the brands," he told reporters after the conference call, according to Reuters.But when it comes to new acquisitions, Laborde said the company will focus on spirits. He stressed that

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