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France: Moët Hennessy acquires Château du Galoupet

By  |  May 20, 2019

Moët Hennessy has entered into a definitive agreement to purchase Château du Galoupet, Cru Classé in the Côtes-de-Provence. The transaction is expected to be completed in the second half of 2019.

Located along the coast in La Londe-les-Maures, Château du Galoupet enjoys an exceptional setting against the Salins islands of Porquerolles, Port Cros and Le Levant.

The estate, already recognized and referenced at the end of the 17th century, benefits from a micro-climate which refreshes the vines with temperate and salty winds and is conducive to elegant wines and consistent yields. Cru classé since 1955, the vineyard spans exceptional land with diverse soils. The 68 hectares of vines are located within a single block and produce three categories of wines: rosé (90%), red (5%), white (5%). The vines have an average age of 25 years, assuring wines of character and structure.

Full Content: Bloomberg

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