Moët Hennessy Louis Vuitton (LVMH) has acquired Numanthia-Termes in a deal that will expand the Spanish winery's distribution.

Speaking to just-drinks today (14 February), a spokesperson for LVMH said: "We see incredible potential in putting those wines on the broader markets. Today, these wines are really well-known in Spain among wine specialists and exports are mainly done in the US, Germany, Switzerland and Japan. Still, they are mainly consumed by Spanish people."

The sale, which includes the winery, inventory and about 40 hectares of vineyards, will include the 1-hectare Termanthia vineyard, the company said.

The spokesperson added: "This is a very high quality acquisition, the wines are super-premium. The aim of LVMH us to exploit the potential of these wines and grow the export markets. One of the brothers of the Eguren family, the winemaker Marcos Eguren has agreed to stay on."

Three brands will be exported, with its flagship Termanthia retailing at over US$150 per bottle and the others following at nearer to $50 and $20, the company said.

Financial details of the deal were not disclosed.

Last week, the French luxury products group said that total sales last year rose in organic terms by 13% year-on-year to EUR16.5bn (US$24.06bn). Group net income for 2007 was up by 8% on 2006, at EUR2.02bn. Profit from recurring operations, meanwhile, climbed by 12% to EUR3.55bn.