FRANCE: Latour buys Beaujolais’ Henry Fessy
Maison Louis Latour has acquired the Henry Fessy winery in the Beaujolais region of France.
The company said yesterday (10 January), that, following the take-over, Henry Fessy will remain in charge, but that Latour will offer the family business export opportunities for the future. Financial details of the transaction were not disclosed.
Maison Louis Latour CEO Louis-Fabrice Latour said: "For centuries, the Beaujolais region has produced some outstanding wines and, despite current difficulties in some areas, we believe that the region has a great future.
"Henry Fessy has an excellent knowledge of the vineyards, built up over many years, and the winery will retain its unique identity as we go forward. For its part, Maison Latour will open up its world wide export resources and help with a dynamic commercial strategy."
Maison Latour was founded in 1797 and is the largest owner of Premier Cru and Grand Cru vineyards in Burgundy. As well as owning Simonnet Febvre in Chablis, it produces Chardonnay in the Ardèche and Pinot Noir in the Var.
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