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Chapoutier expands in Portugal and/or Beaujolais

The famous Rhone wine producer Michel Chapoutier was on the brink of signing the deal to acquire a 15 ha property in Beaujolais, but when the seller suddenly raised the price from 90 000 euro per hectare to 120 000 euro Chapoutier pulled out. Chapoutier is most famous for his hermitage and for his enthusiasm for organic and biodynamic winegrowing. Instead of the Beaujolais Chapoutier is now looking the the Douro valley in Portugal for a potential acquisition. Lyonmag.com

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