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Schieffelin Somerset Company

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June 10, 1987 | BRUCE KEPPEL, Times Staff Writer
Two European wine-and-spirits giants have struck a deal to increase their clout in distributing such foreign-made brands as Johnnie Walker Scotch, Tanqueray gin and Hennessy cognac as well as Simi and Domaine Chandon wines from California. Paris-based Moet-Hennessy S.A. and Guinness PLC of London agreed to merge their U.S. subsidiaries in a joint venture to distribute each other's brands. Similar arrangements are being set up to cover Japan and elsewhere in the Far East, the companies said.
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BUSINESS
June 10, 1987 | BRUCE KEPPEL, Times Staff Writer
Two European wine-and-spirits giants have struck a deal to increase their clout in distributing such foreign-made brands as Johnnie Walker Scotch, Tanqueray gin and Hennessy cognac as well as Simi and Domaine Chandon wines from California. Paris-based Moet-Hennessy S.A. and Guinness PLC of London agreed to merge their U.S. subsidiaries in a joint venture to distribute each other's brands. Similar arrangements are being set up to cover Japan and elsewhere in the Far East, the companies said.
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