BCI Announces New Equity Stake Holder, Groupe Chevrillon
HOUSTON and PARIS, June 14, 2019 /PRNewswire/ -- The Groupe Chevrillon, a family-owned company investing in high potential industry and services sector companies in order to transform them into national and world leaders, has taken a 25% equity stake in the US wine & Spirits brand building company BCI.
Created in 2015 by Nathalie Bonneté and drink industry veteran Jean-Francois Bonneté, BCI has established itself in a very short time as an exciting and successful importer and representative of iconic and high potential spirit brands in the US market: such as Barbancourt Rums, Bache-Gabrielsen Cognac, Trois Rivieres Rhums Agricoles, Gabriel Boudier Liqueurs & Gin, Coquerel Calvados, New Grove Rums, Normindia Gin, Boomsma Genevers & Bitters as well as Marquis de Montesquiou Armagnac. The company also has a joint venture with established French wine company Badet Clement producing and commercializing the fast-growing French wine brand "Libération de Paris."
Cyrille Chevrillon created the Groupe Chevrillon in 1992 after a career in New York and London in large U.S. financial institutions such as JP Morgan and Salomon Brothers.
In recent years, the Groupe Chevrillon has notably contributed to the transformation of Dugas into the leading French specialized distributor and brand building partner of premium rums and spirits. The Group is also the majority shareholder of the top-shelf rum production company BBS (Trois Rivières, La Mauny, Duquesne brands) since 2012. In the past, Groupe Chevrillon created CPI Industries, building a former small-scale industrial base located in France into a global leader in printing, allowed the conversion of the insurance company Albingia, a former branch of AXA, into an independent business specializing in industrial risks, with unparalleled financial health and took part to the development of Picard Surgelés into a leader on the frozen food retailing market.
Cyrille Chevrillon of Chevrillon Group said: "We are excited to be entering the capital structure of BCI and partnering with Jean-Francois Bonneté. We have already had the opportunity to lead successful companies in the spirit industry to market leader positions and we look forward to doing the same and establish BCI as a leader in the US wine & spirits importing and brand building industry."
Jean-Francois Bonneté, CEO of BCI, said: "We're incredibly honored and excited to welcome the Groupe Chevrillon in our family. We have strong ambitions for the future for BCI and we now have a great partner who will bring tremendous added value, knowledge and support in order to achieve those goals. We look forward to the years to come."