Posted: March 2, 2012 By Kim Marcus
Posted: March 1, 2012 By Bruce Sanderson
Late last year, I wrote a blog about the rumored sale of Maison Vincent Girardin. At that time, I was unable to get a confirmation from Girardin or a spokesperson for the company. However, last week I heard that the deal was almost completed.
Marco Caschera, the Girardin export manager, confirmed that La Compagnie des Vins d'Autrefois and its managing director Jean-Pierre Nié became the majority shareholder and recently took over management of the Girardin business. The technical and sales team remains in place, with winemaker Eric Germain still at the helm. An assistant enologist, Christophe Marin, was hired to assist Germain. Girardin himself will continue in a consulting role.
Posted: February 1, 2012 By Augustus Weed
Posted: December 31, 2011 By MaryAnn Worobiec
All eyes were on the scantily clad pin-up princesses of the Austrian wine industry and the hunky Sonoma winemaking Bachelorette suitor in 2011, but a looming international wine crime wave demanded attention as well
Posted: December 29, 2011
Posted: December 27, 2011 By Augustus Weed
Posted: December 16, 2011 By Augustus Weed
Posted: December 15, 2011 By Bruce Sanderson
Burgundy is a small, tightly knit world. Major transactions are rare, and people keep their own counsel. But my sources tell me that a significant deal is in the works.
I have been informed by reliable sources that Vincent Girardin, a highly esteemed grower and winemaker who has been building a small but important négociant arm, is selling his business. The price is rumored to be $52 million to $65 million (at today's rate of $1.30 to the euro).
This would be a major deal for the region, comprising approximately 113 acres of vines. Girardin personally owns roughly 54 acres in the Côte de Beaune, about half of that in Santenay. In addition, there are an additional 57 acres under a holding company, including vineyards in Chassagne-Montrachet premiers crus Morgeot and Les Caillerets, Puligny-Montrachet La Garenne, Les Pucelles and Les Referts and grand cru Corton-Charlemagne.
Posted: December 14, 2011 By Mitch Frank
Posted: December 13, 2011 By Luis Antunes
Posted: December 8, 2011
Posted: December 2, 2011 By Ben O'Donnell
Posted: November 28, 2011 By Ben O'Donnell
Posted: November 18, 2011 By MaryAnn Worobiec
Posted: November 3, 2011 By Augustus Weed
Posted: November 1, 2011 By Luis Antunes
Posted: October 27, 2011 By Augustus Weed
Posted: October 15, 2011 By MaryAnn Worobiec
Posted: October 7, 2011 By James Laube
There's been little movement in wine country real estate. Few vineyards or wineries have been sold for the same reasons the rest of the country's real estate market has been stuck. It's a terrible time to sell, and a difficult time to buy or borrow.
Case in point: The late Robert Mondavi's Napa Valley estate is being offered at a sealed-bid auction Nov. 16 in what amounts to a half-off sale. The 56-acre property where the famous vintner and his wife Margrit resided for years came on the market in 2010 for $25 million, then dropped to $20 million, and now a minimum bid of $13.9 million is the asking price.
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