Grand Marnier Group is considering a variety of business options, including a sale, with the help of Rothschild, according to sources.
Grand Marnier is famous for its orange liquor which is a key ingredients in many cocktails.
- Marnier, Grand Marnier and Cognac Marnier
The news sent shares of the French cognac producer soaring by 8.5% to $5,094, placing the company at a value of nearly $433 million.
Grand Marnier was founded in 1827 by Jean-Baptiste Lapostolle, who started a distillery producing fruit liquors. Now, it produces liquors (Grand Marnier), cognac (Marnier), armagnac (Lapostolle), pineau (Marnier) and wines (Lapostolle).
Grand Marnier is famous for its orange liquor which is a key ingredients in many cocktails.
Source: BusinessWeek.com
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