FRANCE: LVMH acquires two New World wineries for Euro50m

By Chris Brook-Carter | 4 January 2001

The French luxury goods company LVMH has expanded its wine portfolio buy acquiring a controlling stake in Newton Vineyard, in California, and MountAdam in South Australia. The purchases, amounting to Euro50m, have been made through LVMH subsidiary Veuve Cliquot Ponsardin who will also distribute the brands worldwide.

just-drinks articles are only available to registered users and members.

Join now for increased access

There are various access options to choose from. All provide instant access to the latest news, insight and expert analysis.

If you’re already a member, login here.

The French luxury goods company LVMH has expanded its wine portfolio buy acquiring a controlling stake in Newton Vineyard, in California, and MountAdam in South Australia. The purchases, amounting to Euro50m, have been made through LVMH subsidiary Veuve Cliquot Ponsardin who will also distribute the brands worldwide.

  • Unlimited access to all the latest global beverage news and insight
  • Expert analysis that puts the news into context
  • Exclusive interviews with leading industry figures
  • Monthly management briefings with detailed analysis on hot topics
  • Personalised RSS feeds and email newsletters
  • 10-year archive of news, insight and intelligence
  • Discounts on just-drinks market research
  • Plus much more

If you’re already a member, login here

Not what you were looking for?

Search just-drinks:

More articles related to this one

FRANCE: LVMH unlikely to bid for Lanson
LVMH Moet Hennessy Louis Vuitton has distanced itself from the bidding for Lanson International, just-drinks understands.

US: New World Brands appoints CEO
US wine and spirits distributor New World Brands has appointed David Rudden as CEO.

FRANCE: LVMH joins Lanson race – report
Louis Vuitton Moet Hennessy (LVMH) has entered the running for a stake in Lanson International, according to press reports.

just-drinks tagline

Not a member? Join here

Decrease font sizeDecrease font sizeDecrease font size Increase font sizeIncrease font sizeIncrease font size Comment on this article Email this to a friend Print this page