Hennessy

For other uses, see Hennessy and Hennessey.
Jas Hennessy & Cie.
Founded1765; 259 years ago (1765)
FounderRichard Hennessy
HeadquartersCognac, France
Area served
Worldwide
Key people
Laurent Boillot, Chairman & CEO; Boris de Vroomen, International Director
ProductsCognac
RevenueIncrease €2.12 billion (2022)
OwnerLVMH (66%)
Diageo (34%)
WebsiteHennessy.com

Jas Hennessy & Cie., commonly known simply as Hennessy (French pronunciation: [ɛnɛsi]), is a French producer of cognac, which has its headquarters in Cognac, France.

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.

  1. ^ "Cognac makers look beyond China for growth". Reuters. 2011-09-23. Retrieved 2022-03-23.
  2. ^ "Cognac makers ramp up U.S. efforts as China sips less". Reuters. 2015-11-22. Retrieved 2022-03-23.
  3. ^ "Hennessy, high-end cognac - Wines & Spirits". LVMH. June 2021. Retrieved 2022-03-23.
  4. ^ "Cognac's Streak Continues –". Market Watch. 6 December 2019. Retrieved 2022-03-23.
  5. ^ Cite error: The named reference :0 was invoked but never defined (see the help page).
  6. ^ "DIAGEO Annual Report 2021" (PDF).