Castel representative steps down from Marie Brizard Wine & Spirits board
France-based Marie Brizard Wine & Spirits (MBWS) has announced that director Laurence Dequatre has stepped down from the board.
Dequatre was the representative for DF Holding, Castel's holding company.
In 2015, DF Holding acquired a 5.66% interest in Marie Brizard, which was called Belvedere until 2014. This recent move follows DF Holding’s decision to end a deal with Morocco-based Diana Holding for its initial stake purchase.
Dequatre's seat will be assumed by shareholder The Compagnie Financière Européenne de Prises de Participation.
MBWS stated: "The board of directors and management of Marie Brizard Wine & Spirits take this opportunity to thank Laurence Dequatre for her strategic and operational contributions to the transformation of the group, and for her role in returning the company to a path of profitable and sustainable growth.”
MBWS produces and sells a range of wine and spirits primarily in Europe and the US. The company has a portfolio of brands including William Peel scotch whisky, Krupnik vodka, Sobieski vodka, Fruits and Wine flavored wine, Marie Brizard liqueurs, and Cognac Gautier.