The purchase is now said to have been officially approved and confirmed: For the first time a Chinese buyer has acquired a classed growth chateau in Saint Emilion. It is far from the first chateau to land in Chinese hands but it has never before been a case of such a prestigious name. It is [...]
Tag Archives | sale of winery
Chateau Bellefont Belcier snapped up by Chinese buyer
The Chateau Bellefont-Belcier is said to be on the verge of being sold to a Chinese buyer, or perhaps already sold. It is also said to be the first “classified growth” to have been sold to a Chinese. The price has not been published but it is believed that classified chateau in Saint Emilion fetches [...]
When the vineyard land is more expensive than your apartment
According to Le Journal du Vin.com, famous Burgundy house Domaine Leroy has recently bought 7 ouvrées of Batard-Montrachet, one of the most exclusive white Grand Cru vineyards in Puligny-Montrachet. An ouvrée equals 428 m2 and is an old measurement for plots of vineyards in Burgundy which is still widely used here, probably because in Burgundy [...]
“Honey, I bought a vineyard!”
Not everyone has 50 million euros to spend on a vineyard. One of the most cost efficient districts in which to buy a vineyard is the Languedoc in the south of France. Although they make some outstanding wines there today the land prices are often moderate. And weather is nice! Anders Åberg is a Swede [...]
Constellation Brands buys Ruffino in Chianti
Constellation Brands is one of the world’s biggest wine producers. Ruffino is one of the biggest producers of wine in Tuscany with its core in Chianti. Constellation recently bought 50.1% of Ruffino. The price tag was 50 million euro (plus taking over debts of around 55 million euro). Constellation already owned 49.9% of Ruffino and [...]
“Honey, I bought a vineyard!”
Not everyone has 50 or 100 million euros to spend on a vineyard (as was recently the price tag for Ruffino). One of the most cost efficient districts in which to buy a vineyard is the Languedoc in the south of France. Although they make some outstanding wines there today the land prices are often [...]
Chateau Lascombes in Margaux sold
It is not often that one of the major chateaux in Bordeaux changes hands. Buyer is the French insurance company MACSF. Seller is Colony Capital, an American investment company. The price tag is not official but assumed to be around 200 million euros for around 100 hectares. In other words, 2 million euros per hectare. [...]
Half a million hectares of vineyard land for sale
If you are really aiming to be a volume producer this might be your chance. 989,000 acres, around half a million hectares, of land is for sale in Argentina. It is claimed that it is the biggest patch (patch?) of land ever for sale, but can that really be true? Were not some of the [...]
Piper Heidsieck and Charles Heidsieck champagne sold
The two champagne houses Piper Heidsieck and Charles Heidsieck have been sold. The previous owner, Rémy Cointreau, could not get the two champagne producers sufficiently profitable and have chosen to divest them. The buyer is a French family owned company called EPI who paid 412 M euro for the two houses, according to reports in [...]
Record price for vineyard in Bordeaux
A chateau neighbouring Chateau Haut Brion has been sold at a record price. It is Chateau Les Carmes Huat Brion that has been bought by a Bordeaux based real estate company. The vineyards are 4.7 hectares, there is a park of 3 ha and a chateau of course. The vines are classified as AOC Pessac-Léognan. [...]
How much does it cost to buy a vineyard? Well, between 14,000 and 1 M euro per hectare
Vineyard land prices vary enormously. Recently these difference have been accentuated rather than diminished. César Compadre writes in Terre des Vins on the situation in Bordeaux: Cheapest is of course ‘plain’ Bordeaux, i.e. vineyards with ‘just’ the Bordeaux appellation, in e.g. Entre-deux-Mers. There you can find land below 15,000 euro/ha. Most expensive are, no surprise, [...]
Russian wine producer buys vineyard in Languedoc
The Russian wine company Gerrus Group has bought a vineyard in the Languedoc region in France. Chateau des Deux Rocs is a 20 ha property in Cabrières, not far from Montpellier. Gerrus is active in Russia both as a négociant and as a wine producer, owning some 1400 hectares of vines. Read more: www.vitisphere.com
Christmas Gift (done?): Château Chenu-Lafitte bought by Chinese interests
A Chinese billionaire has bought the Chateau Chenu-Lafitte in Bordeaux in order to give it as a gift to his 20 year old son (Le Journal du Vin says it is a shipping magnate called Goulong Yin but other sources says the buyer is anonymous). Chenu-Lafite is a little known name, not to say totally [...]
Chateau Rollan de By up for sale?
Chateau Rollan de By is a chateau in the northern Médoc that has in recent years acquired a certain fame, no doubt not to an insignificant degree thanks to the marketing skills of the owner, Jean Guyon. According to La Revue des Vins de France Guyon has put up Rolland de By for sale, and [...]
Chateau Montrose buys 22 ha in St Estèphe from Phelan Ségur for 900,000 euro
My first reaction was that it wasn’t really expensive. Then I realised that 900,000 euro was the price per hectare. Phelan Ségur belongs to the Gardinier family, who also owns Les Crayères (the most luxurious restaurant and hotel in Reims) and an orange plantation in Florida. Buyer is Martin Bouygues with family, one of France’s [...]
Pauillac is most expensive?
If you are contemplating buying a vineyard you may have an interest in not choosing Pauillac. Pauillac may have the most expensive vineyard land around. Jane Anson tells more on The New Bordeaux
Jeanjean and Laroche becomes Advini
Some time ago we wrote that Laroche, the big wine producer based in Chablis, created by Michel Laroche, has been bought by the even bigger producer Jeanjean based in Languedoc, and that the merged company will get a new name. The new name has now finally been revealed: Advini. Jeanjean is perhaps not a familiar [...]
Chateau des Estanilles changes hands
Château des Estanille, in the Faugères appellation, is one of the leading wineries in Languedoc. It was created by and has been run by Michel Louison. Louison was one of the pioneers in making quality wines in the Languedoc. The buyer is Julien Seydoux, son of Michel Seydoux, a French business man and film producers [...]
Winery for sale – in Bulgaria!
Our spook in Bulgaria reports that there is a winery for sale in Bulgaria. the place is equipped with classic winemaking stuff: concrete fermentation vats etc. the property does not have its own vineyard but there are many grape growers in the wine region where it is located. The area is known for its red [...]
Buy an organic vineyard
If you feel tempted to invest in a vineyard and winery, and in particular in an organic one, then there are three currently for sale at Vignobles Investissment: One in Minervois La Livière with 80 hectares of grounds (2.5-5M €), one with 40 ha with panoramic views over the landscape in the Cevennes (1.5-2.5M €) [...]
Laroche winery sold to Jeanjean
The well known wine producer Laroche has now been sold to Jeanjean. Michel Laroche thereby concludes his efforts to sell the company that he has created. Laroche has vineyards and négociant activities in Chablis (100 ha of vineyards), in the Languedoc (Mas la Chevalière, 40 ha), Chile (Vino Punto Alto, 23 ha), and in south [...]
Buy a potential vineyard in Pomerol
Pomerol is a small appellation in Bordeaux with only 780 ha of vineyards. There is also a horse racing course. But they only have four races per year and they have now decided to close it and sell the land – so they are looking for buyers. The interesting thing about it is that the [...]
Constellation unloads six wineries for $234 million
Constellation, one of the worlds biggest wine producers, has sold six vineyards and eight brands for $234 million. the buyer is a new venture capital backed company called Ascentia that is run by Peter Ekman, who has previously been with e.g. Wine.com. Ekman is of Swedish origin but has lived in California for several years. [...]
Famous Languedoc winery sold to a Russian
Prieuré Saint Jean de Bébian is one of the most famous wine estates in the Languedoc and one of the first to be recognised as a quality wine producer. The wine guru Robert Parker has called it one of the greatest wines in Languedoc, but one has to admit that Parker is perhaps not very [...]
Chateau Latour for sale?
Château Latour, one of the five Premier Grand Cru Classés in Bordeaux, belongs to the fabulously rich French industrialist and financier François Pinault. According to persistent rumours (e.g. in TimesOnline) the chateau is now for sale. Pinault is said to have contacted the investment bank Lazard and asked them to discretely enquire for potential purchasers. [...]
Avignonesi in Tuscany sold to Belgian investor
One of the top producers in Montalcino In Tuscany has been sold to the Belgian business woman Virginie Saverys. The Falvi family will retain a 10% shareholding. Avignonesi has 109 ha of vineyards split on four estates, Le Capezzine, I Poggetti, La Selva and La Lombarda in Montalcino, just south of Chianti. www.wine-business-international.com
Beaucastel buys Tourelles in Gigondas
Or to be more precise, the Perrin family, owners of the famous Domaine de Beaucastel in Châteauneuf-du-Pape, has bought the Domaine des Tourelles in Gigondas. Tourelles is a highly regarded Gigondas vineyard with 9 ha of vines. www.vitisphere.com
Chateau Montelena in California to be sold to a Frenchman
Michel Reybier already owns the famous Chateau Cos d’Estournel in Bordeaux. Now he is extending is chateau collection with Chateau Montelena in California’s Napa Valley. The vineyard covers some 80 hectares and is perhaps best know for having produced one of the American wines that were part of the “Judgement of Paris” tasting that took [...]
Chateau Vignelaure changes hands
Chateau Vignelaure is one of the best known wine producers in Provence. It was recently sold to a Swedish-Danish couple, Bengt Sundström and Mette Rode Sundström. The seller was the Irish couple Catherine and David O’Brian. The property will now be run by the French oenologist Philippe Bru with winemaking experience not only from France [...]
Legendary Loire producer leaves his vineyard
Jo Pithon, one of the producers who have put Anjou on the map for excellent dry and sweet whites from the heavily underrated chenin blanc grape, has left the vineyard carrying his name. A few years ago he sold 90% of his Domaine to Philip Fournier, a local businessman, but continued to be in charge [...]
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