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Cognac listed companies performing well
20 juillet 2006
« Charente » listed companies have performed quite well on the Stock Exchange in the first six months when compared to the CAC40 overall. Companies with a cognac connection include Oeneo (cooperage and closures, Cognac and Jonzac) whose share price has risen by +36.6%, St-Gobain (glass containers, Gensac and Cognac) at +11.2%, Pernod-Ricard (Martell cognac, Cognac) at +5.2%, Marie Brizard (Gautier cognac, Aigre) at +2.47% and Rémy Cointreau (Rémy Martin cognac, Cognac) at +0.2%.

New director at Rémy-Martin
20 juillet 2006
Guy Manssens is the new site director for Rémy-Martin in Cognac. The employees tend to appreciate him for his approachability and he will have to oversee the end of the scheduled layoff program.

Foulon-Sopagly filling up in the Charente
20 juillet 2006
In 2005, Foulon-Sopagly, the European leader in grape juice, purchased 450,000 hl of juice in the Charente and Charente-Maritime compared to 900,000 hl in 2004, which was an excellent year in terms of quality that encouraged overstocking. In 2006, the group is expected to purchase an amount somewhere between these two figures.

Marie-Brizard consolidated
20 juillet 2006
CL Financial is to merge its subsidiaries Angostura Holdings (rum) and Belvédère (vodka and Marie Brizard which controls Gautier cognac) in an takeover of the latter by the former, thus creating a giant in the spirits world (1 billion euros with the wine merchants « Le Repaire de Bacchus » and chateauonline.com).

New packaging for Reynac
18 juillet 2006
Reynac pineau (H. Mounier) is doing well in a very flat market (+12% of sales in volume retailing in 2005, compared to -3% for pineau overall). The cognac house has just invested 75,000 euros in new packaging.

Good start for pineau in 2006
18 juillet 2006
Following a morose year in 2005 (-2.6%) the French pineau market has made a much better start in 2006. Sales rose by +1.5% from June 2005 to June 2006. There are about 1,000 pineau producers including 75% in Charente-Maritime.

Seguin-Moreau sees big
17 juillet 2006
Following the investment of 4 million euros in recent months, the Seguin-Moreau cooperage in Merpins (a subsidiary of Oeneo) intends to double its production of large volume containers (wooden vats with a capacity of 610 hl). In addition, sales are picking up again.

Award for vintage pineau
14 juillet 2006
The old white pineau produced by Pascal Roussille was awarded a bronze medal in the general agricultural competition in April. The winegrower organizes visits to his storehouses by reservation : 05.45.91.05.18.

Fête du cognac for 4 days
14 juillet 2006
The young cognac producers organization (JAAC) is organizing the cognac festival from 13 to 16 July at the river port in Cognac (concerts and regional products from the Charente are on the menu).

Hennessy - new line
14 juillet 2006
On 12 July Hennessy inaugurated its new bottling line at its La Vignerie facility. This investment of almost a million euros is specifically to cater for large volumes and the first bottling will be XO and VSOP in 3 liter bottles. The Chinese market for this format exploded last year.

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