FRANCE: Domaine Clarence Dillon subsidiary buys Saint-Émilion estate
Quintus SAS, a subsidiary of Domaine Clarence Dillon, has acquired neighbouring Saint-Émilion estate Chateau L'Arrosee for an undisclosed sum.
The deal, confirmed yesterday (1 October), expands Chateau Quintus' estate to 28 hectares of vines. "By uniting these two exceptional estates we have improved our team's ability to make one of the very finest wines of Saint-Emilion,” said Quintus SAS' president, Prince Robert of Luxembourg.
He added: “I am confident that this vineyard will soon come to rival its Domaine Clarence Dillon siblings as one of the finest wines of our region."
The 2013 crop and vintage at Chateau L'Arrosee will be overseen by the Domaine Clarence Dillon and Chateau Quintus team, the company said.
The Dillon Family-owned Domaine Clarence Dillion also counts Premier Cru Classé-rated, Haut-Brion, among its assets.
- Most Valuable Spirits Brands in 2017 - The facts
- Most Valuable Beer Brands in 2017 - The facts
- Has the politics of M&A changed? - Analysis
- IAADFS Duty Free Show of the Americas - Preview
- Interview, Fever-Tree's founders
- Coca-Cola Co announces senior executive shake-up
- Diageo's Captain Morgan LocoNut - NPD
- Heineken releases colour-change bottles
- Diageo rolls out vegan Baileys Almande Almondmilk
- Heineken sees Tesco pull SKUs in UK
- Central and East Europe Report Package
- Battle of the Generations - The fight for iGen, Millennial, Gen X and Baby Boomer consumers
- Global vodka insights - market forecasts, product innovation and consumer trends
- Global rum insights - market forecasts, product innovation and consumer trends
- Global Scotch insights - market forecasts, product innovation and consumer trends