News

FRANCE: AXA buys Languedoc vineyard

Most popular

Constellation cuts losses on Ballast Point folly

Why hard seltzer's US success won't translate

US Champagne tariffs threaten critical blow

just-drinks' M&A database - November

Why spirits should embrace cross-category trend

MORE

The French insurance group AXA has extended its wine interests with the acquisition by its subsidiary AXA Millesimes of a vineyard in the Languedoc.

AXA Millesimes managing director Christian Seely said: "We spent over two years looking for the right site in this dynamic and exciting region, and we are delighted to be able to announce that we have this week finalised the purchase of Chateau Belles Eaux in the Coteaux du Languedoc."

He continued: "We saw an opportunity to create a unique property her by joining the two vineyards of Chateau St Helene and Chateau Belles Eaux."

The company intends to produce premium quality single vineyard wines, based principally on a Syrah, Grenache and Mourvedre blend.

The vineyard joins a list of wine businesses owned by AXA, which include, Chateau Pichon Longuevill and Pibran in Pauillac, Chateau Cantenac in Margaux and Quinta do Noval in the Douro.

 


Related Content

Just the Answer – AXA Millesimes

Just the Answer – AXA Millesimes...

How did Brown-Forman perform in H1 fiscal-2020? - results data

How did Brown-Forman perform in H1 fiscal-2020? - results data...

Ocean Spray names former Kraft Heinz executive Daniel Cunha as CFO

Ocean Spray names former Kraft Heinz executive Daniel Cunha as CFO ...

Jump Ship Brewing’s 0.5%-abv Yardarm Beer - Product Launch

Jump Ship Brewing’s 0.5%-abv Yardarm Beer - Product Launch...

Oops! This article is copy protected.

Why can’t I copy the text on this page?

The ability to copy articles is specially reserved for people who are part of a group membership.

How do I become a group member?

To find out how you and your team can copy and share articles and save money as part of a group membership call Sean Clinton on
+44 (0)1527 573 736 or complete this form..



Forgot your password?