US/FRANCE: Maison Louis Jadot buys Oregon's Resonance vineyard
French wine group Maison Louis Jadot has acquired Oregon vineyard Resonance for an undisclosed sum.
The 144-year-old Burgundy producing company has purchased Resonance's 20-acre Pinot Noir vineyard, located in the Yamhill-Carlton AVA, and its trademark. It is Maison Louis Jadot's first purchase outside of the Burgundy region.
Robert Nicholson of International Wine Associates, an M&A advisory firm, said: “In the last quarter of 2012 the New York-based owners of Louis Jadot approached us to help them find a world-class Pinot Noir vineyard in Oregon. Resonance Vineyard was the most suitable target and Louis Jadot agreed.”
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