Domaines Paul Mas seals fresh estate buy, eyes expansion
Les Domaines Paul Mas has added another estate to its growing wine business and unveiled plans to extend to its portfolio by a further 200 hectares in 2015.
The South of France-based producer has acquired the Domaine de Silène de Peyral, which has 24 hectares of vineyards and is situated in the Hérault département of the Languedoc region.
The estate has been acquired from the Skalli family, but the value of the transaction has not been disclosed.
Jean-Paul Mas, Les Domaines Paul Mas's owner, said he is looking to produce "a top quality Languedoc wine with a vintage of 10 000 bottles." The estate currently turns out Coteaux du Languedoc and Grès de Montpellier appellations.
Mas also confirmed that he was looking to expand the group's wine estates in the Languedoc region by a further 200 hectares this year.
- Most Valuable Spirits Brands in 2017 - The facts
- Most Valuable Beer Brands in 2017 - The facts
- Diageo Africa president O'Keeffe on beer & spirits
- Travel Retail needs a disruptor - Comment
- What the future looks like for Australian wine
- Diageo ready to lock horns with AB InBev in Africa
- Heineken sees Tesco pull SKUs in UK
- Coca-Cola Co announces senior executive shake-up
- Fever-Tree eyes bumper NPD, pack formats for 2017
- Heineken mulls M&A with $1.75bn notes issue
- 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 Scotch insights - market forecasts, product innovation and consumer trends
- Global liqueurs insights - market forecasts, product innovation and consumer trends research