March 31st, 2001 LVMH Takes Controlling Stake in Napa and Aussie Wineries French luxury goods firm LVMH MoÎt Hennessy Louis Vuitton has acquired a majority stake in two New World wineries: Newton Vineyards in Napa Valley and MountAdam in South Australia.
For the full article, check out the new issue of Wine Spectator, on newsstands March 31, 2001.
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