Clos Fourtet buys Chateau Poujeaux

Philippe Cuvelier, owner of Clos Fourtet in St Emilion, has bought Chateau Poujeaux in Medoc. Poujeaux is one of the ex-Cru Bourgeois wines (before Cru Bourgeois was suspended) and is located in Moulis in Medoc. The transaction is said to be valued at around €25 million for the 75 hectare property. Cuvelier bought Clos Fourtet a few years ago for a rumoured €45 million.

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