# TFF Group takes 55% stake in French cooperage Tonnellerie Remond

TFF Group has agreed a partnership taking a 55% stake in Tonnellerie Remond, a French maker of oak barrels for wine aging based in Ladoix-Serrigny near Beaune. The cooperage generates about EUR 10 million in revenue, 75% of it abroad.

- Type: Acquisition
- Announced: 2022-03-17
- Where: Ladoix-Serrigny, France
- Status: completed
- Products: French oak barrels, wine aging barrels

## Companies

- [TFF Group](https://endata.com/companies/9023.md) (acquirer)
- [Tonnellerie Remond](https://endata.com/companies/9024.md) (target)

## Sources

- [zonebourse.com](https://www.zonebourse.com/cours/action/TFF-GROUP-38862736/actualite/TFF-prend-une-participation-de-55-dans-Tonnellerie-REMOND-39796985/), 2022-03-17: "TFF Group, fidèle à sa stratégie historique de consolidation des savoir-faire dédiés à la fabrication des produits pour l'élevage des vins et alcools, et Tonnellerie REMOND annoncent avoir conclu un accord de partenariat."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.