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Clos de Tart | New owner: good or bad news?

It is now official, the Artémis Group, investment company owned by the Pinault family, bought the 7.53 hectare Clos de Tart, monopoly classified grand cru in Morey-Saint-Denis, Côtes de Nuits. The Mommessin family has been taking good care of this domain since 1932. Therefore, a chapter is closing in Clos de Tart’s history. Thunderclap in the calm world of wine: the Clos de Tart changes hands. This domain has only known three families of owners over nearly a millennium, underlining how endearing it is. Since its founding in 1141 by the Cistercian nuns,…

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Clos Rougeard has officially been purchased by the Bouygues brothers

Martin and Olivier Bouygues confirmed purchasing Clos Rougeard, a mythical domain from the Loire. This announcement was highly awaited, as the Revue du Vin de France reported negotiations beginning of January. A new chapter for French vineyard history. Vines that have never seen any inputs Clos Rougeard is an 11-hectare domain located in Chacé a few kilometers away from Saumur. Its reputation was built on the wonderful work accomplished by the Foucault brothers: Jean-Louis (also known as "Charly") and Bernard (aka "Nady"), the 8th generation of vine growers settled on this great Saumur-Champigny…

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French vineyard market: rising prices in 2016

The FNSafer has just published its long-awaited annual report on the French vineyard market prices. Here is a brief summary of figures and analysed trends for 2016. The FNSafer (National Federation of Land Development and Rural Settlement Companies) is a French association for rural properties allowing farmers to start in the rural, artisanal, agricultural or environmental sector by guiding them in the management of their project and providing them the requested tools and analysis. The report features a detailed analysis of the vineyard market. However, vineyards transaction specialist caution readers about the accuracy…

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Bordeaux: Cos d’Estournel buys back Château Pomys in Saint-Estèphe

Château Cos d'Estournel’s owner has just acquired the neighbouring Château Pomys, once owned by Louis Gaspard d'Estournel. The acquisition is part of a vision to recreate the original complex. Businessman Michel Reybier, owner of Château Cos d'Estournel, a number of hotels and spas, and other vineyards in Champagne and Hungary (Tokaji), has just bought a new property- Château Pomys in Saint-Estèphe. The chateau lies a few hundred metres from the Cos d'Estournel estate and its acquisition is part of   "Cos d’Estournel’s heritage plans. The purchase of Château Pomys pays tribute to the…

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How much does a hectare of vineyard cost?

With the sale of the Bonneau du Martray estate said to have raised in excess of 100 million euros, and rumours circulating about the purchase of Clos Rougeard, how much is a hectare of vineyard worth in each region? iDealwine investigates.  Over 100 million euros, that – or even more – is the figure quoted in the press for the Bonneau du Martray estate consisting of nearly 11 hectares of vineyard located in the Charlemagne area on the hill of Corton. So at 9 million euros per hectare, is this considered a good…

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