July 2, 1999
CPC Europe Fund I Acquires G.H. Mumm & Perrier-Jouët Champagne House
Carson Private Capital Europe Fund I announced its participation in the $320 million private acquisition of the G.H. Mumm & Perrier-Jouët Champagne House from Seagram by Hicks Muse (Europe).
Mumm and Perrier-Jouët are two of the most prestigious grande marquee international champagne brands. Mumm is the third largest champagne house in the world and produces the well-known Cordon Rouge brand, originally introduced in 1875. Perrier-Jouët is one of the four premier quality champagne brands worldwide with the distinctive key brand Belle Époque (Fleur de Champagne in the U.S.).
The G.H. Mumm & Perrier-Jouët transaction represents Carson Private Capital Europe Fund I's first portfolio company acquisition.
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