Butler tipped to purchase Lanson

Published: 23 July, 2008

Butler Capital Partners is believed to be on the verge of buying Champagne house Lanson International. A report in French newspaper Les Echos claimed that private-equity firm Butler will pay e520 million for the company, which would cover Lanson's e400-million debt. Lanson is owned by the Mora family (56% share) and savings bank Caisses d'Espargne (44%).
If Butler is unsuccessful, then French entrepreneur Jean-Claude Darmon looks the likely winner, after the third bidder - Champagne group Boizel Chanoine Champagne - was eliminated. Its bid was some 25% lower than the other two. Some 15 companies were originally in the running to buy Lanson, including Champagne company Group Thinot.
Lanson was unavailable for comment this week.

If Butler is unsuccessful, then French entrepreneur Jean-Claude Darmon looks the likely winner, after the third bidder ? Champagne group Boizel Chanoine Champagne ? was eliminated. Its bid was some 25% lower than the other two. Some 15 companies were originally in the running to buy Lanson, including Champagne company Group Thiénot.

Lanson was unavailable for comment this week.

Printer friendly version