Hennessy
French cognac producer / From Wikipedia, the free encyclopedia
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Jas Hennessy & Cie., commonly known simply as Hennessy (French pronunciation: [ɛnɛsi]), is a French producer of cognac, which has its headquarters in Cognac, France.
Founded | 1765; 259 years ago (1765) |
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Founder | Richard Hennessy |
Headquarters | Cognac, France |
Area served | Worldwide |
Key people | Laurent Boillot, Chairman & CEO; Boris de Vroomen, International Director |
Products | Cognac |
Revenue | €954.2 million (2012) |
Owner | LVMH (66%) Diageo (34%) |
Website | Hennessy.com |
It is one of the most known cognac houses,[1] along with Martell, Courvoisier, and Rémy Martin, who together make around 45% of the world's cognac.[2] Hennessy sells approximately 102 million bottles of its cognacs per year,[3] making it the world's largest cognac producer, and in 2017 its sales represented around 60% of the US cognac market.[4] As well as distilling cognac eaux-de-vie itself, the company also acts as a négociant.[5]
The brand is owned by Moët Hennessy since a champagne & cognac merger in the early seventies, which is in turn owned by LVMH (66%) and Diageo (34%), Diageo acting as a controlling shareholder.[6] Hennessy pioneered several industry-standard practices in the world of cognac, and its association with luxury has made it a regular point of reference in popular culture, especially in hip hop.