CHAMPAGNE UNITES: LANSON ACQUIRED BY BOIZEL

Boizel Chanoine Champagne finished its acquisition of Groupe Lanson International on Friday, January 20 for $150.3 million. Last month Boizel admitted they had made arrangements to purchase Lanson from their shareholders, French bank Caisse d’Epargne and the Mora family, and will also take on the €440 million of debt. The French champagne company will reportedly announce its plans for Lanson International in February.