Burgundy Wineries Announce Key Acquisitions

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for the Dec. 15, 2009 issue

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Bruce Sanderson
Issue: December 15, 2009

While grape pickers were heading into Burgundy's vineyards to harvest the newest vintage, the ownership of two producers was changing hands. In its latest in a string of acquisitions, Boisset, the Burgundy-based négociant and growing empire of wine properties, purchased Burgundy négociant Antonin Rodet from Sequana Capital in late September for an undisclosed amount. And in Chablis, Michel Laroche announced that Groupe Laroche, his international collection of wineries, including Domaine Laroche in Chablis, will merge with JeanJean SA, a large Languedoc-based wine company. Both are traded on the Paris stock exchange-Laroche was valued at $83.3 million, including $41.2 million in debt.

For the full article, check out the new issue of Wine Spectator, on newsstands November 24, 2009.

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