"We are the fourth oldest continuously operating company in the country," noted Schieffelin CEO John Esposito. "We began as an apothecary — you know, delivering wines and spirits during Prohibition for 'medicinal purposes.'" The company is wholly owned by LVMH, the largest luxury goods company in the world, and is responsible for importing and marketing high-profile European spirits brands in the United States, including Dom Perignon champagne, Hennessy cognac, and Grand Marnier liqueur. Esposito noted that the Moet Hennessy division is the company's second most profitable.