LVMH Moët Hennessy Louis Vuitton recently added another champagne brand, Montaudon Champagne, to its portfolio of Wine & Spirits. LVMH already owns 7 other champagne companies including Dom Pérignon, Moët et Chandon, Veuve Clicquot Ponsardin, Krug, Ruinart and Mercier. Just in time for the new year Champagne sales. Seems like the economy is not harming them. Earlier this year sales were still on the rise and this is not the first company LVMH has purchased this year: Other purchases included Hublot, a luxury watch brand and Royal van Lent, a yacht building company.
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