Louis Latour, one of the major Cote d’Or traders and founded in 1797, has announced the acquisition of Chablis-based Simonnet-Febvre & Fils.
In a statement, Louis Latour said Simonnet-Febvre would retain its identity in both domestic and export markets with Laurent Simonet continuing to direct affairs from Chablis. The firm will benefit from Latour’s wider export and distribution network, the statement added.
Set up in 1840 and with an annual turnover of €1.52m, Simonnet-Febvre will offer Latour an estate of around four hectares of vineyards which produces a broad range of Chablis wines.
Simonnet-Febvre will also offer a range white, red and sparkling wines in the Yonne area.
Latour has an annual turnover of €40m, 90% of which is generated by exports.
Simonnet-Febvre is the trader’s first acquisition.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalData