Remy Cointreau Group have announced that they have sold Piper-Heidsieck Compagnie Champenoise to the family controlled group EPI for €412.2 million. EPI will take control of all of Pipers Champagne operations including Piper Heidsieck and Charles Heidsieck as well as Piper Sonoma, the sparkling wine brand from California. In a statement Christopher Descours, Chairman of EPI, stated: “EPI is very pleased to acquire both these prestigious champagne houses, that are Piper-Heidsieck and Charles Heidsieck. They perfectly complement our other French luxury goods brands, which include JM Weston, Alain Figaret and Bonpoint. This new initiative will strengthen our commitment to wine-making, initiated 20 years ago with Chateau La Verrerie (Lubéron.)”.