Burgundy Star Domaine Faiveley Acquires a Parcel of the Grand Cru Musigny Vineyard

Proprietor Erwan Faiveley continues his firm's expansion, buying a quarter-acre of one of Burgundy’s most prized vineyards
Burgundy Star Domaine Faiveley Acquires a Parcel of the Grand Cru Musigny Vineyard
Erwan Faiveley's family domaine has purchased a small, but highly prized parcel in Burgundy. (Tim Atkin/Cephas)
Nov 13, 2015

Burgundy’s Domaine Faiveley has purchased a 0.25-acre parcel of the grand cru vineyard Musigny from the Dufouleur family. Erwan Faiveley, president of the family firm, told Wine Spectator that the deal closed Nov. 11. The price was not disclosed.

Faiveley now owns nearly a third of an acre of Musigny; prior to the deal, it was the smallest landowner in the grand cru, with 0.075 acres. Faiveley’s average annual production of Musigny will increase from 150 bottles to 500 bottles.

Musigny is one of the greatest grands crus in the Côte d’Or. There are 16 owners of the 25-acre vineyard, with Comte de Vogüé owning about two-thirds. It’s rare for a piece of Musigny to become available. In this case, it was a private transaction, with Faiveley being granted the final bid among a select group. Both Dufouleur and Faiveley are established Nuits-St.-Georges négociants and enjoy a close relationship.

According to Faiveley, the Dufouleurs sold for succession reasons. In addition to the price, Faiveley gave Dufouleur a few small parcels of Nuits-St.-Georges and Nuits-St.-Georges premier cru Aux Vignerondes.

The acquisition brings the Faiveley holdings to nearly 350 acres, ranging from Chablis to the Côte Chalonnaise. The firm has been on a buying spree since Erwan, the seventh generation to run the business, took the helm in 2005.

Winery Purchases and Sales France Burgundy Côte de Nuits News

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