Screaming Eagle Owner Buys Majority Stake in Burgundy's Bonneau du Martray

Le Bault de la Morinière family sells after more than two centuries; owner of the Denver Nuggets and Los Angeles Rams buys his first winery outside U.S.
Screaming Eagle Owner Buys Majority Stake in Burgundy's Bonneau du Martray
Domaine Bonneau du Martray's vineyard on the hill of Corton in Burgundy.
Jan 6, 2017

Stan Kroenke, the American businessman who owns Screaming Eagle, Jonata and The Hilt vineyards in California, as well as several sports franchises, has purchased a majority stake in the prominent Burgundy winery Domaine Bonneau du Martray for an undisclosed price.

Bonneau du Martray, whose cellars are in Pernand-Vergelesses, has been in the Le Bault de la Morinière family since the French Revolution. The current generation was led by four brothers, including the manager of the estate, Jean-Charles Le Bault de la Morinière. The family will continue as partners in the domaine.

"It's really two families getting together," Armand de Maigret, who manages Kroenke's wine properties and will oversee production at Bonneau du Martray, told Wine Spectator. "The plan is for me to be the leader and to learn as much as I can from Jean-Charles. It's a fantastic property, and I will have plenty to do."

"The idea was to plan for the future of the domaine," Le Bault de la Morinière told Wine Spectator. "We will remain partners, and I will help as much as I can." The deal still has to be approved by the Société d'Aménagement Foncier et d'Établissement Rural (SAFER), an administrative group that oversees vineyard transactions in France.

Domaine Bonneau du Martray is the only property in Burgundy that only makes grands cru wines. Its holdings consist of 27 acres in a single parcel, 23.5 of which are Chardonnay for Corton-Charlemagne and 3.5 of which are planted to Pinot Noir for red Corton. The estate is the second-largest owner of Corton-Charlemagne land, and its wine is known for its class and longevity.

Since assuming the management of Bonneau du Martray from his father in 1994, Le Bault de la Morinière converted the vineyards to biodynamic cultivation and improved quality. The vineyard and cellar team will remain in place under the new partnership, according to de Maigret.

Kroenke, worth an estimated $7.4 billion, heads Denver-based Kroenke Sports Enterprises, LLC, which owns or co-owns several professional sports franchises, including the Denver Nuggets of the NBA, the Colorado Avalanche of the NHL, the Colorado Rapids of Major League Soccer and the Los Angeles Rams of the NFL. He's also the largest shareholder of English football club Arsenal and runs the Kroenke Group, a private real-estate and development company.

Kroenke entered the wine business with a bang in 2006 when he partnered with Charles Banks to buy Napa Cult Cabernet producer Screaming Eagle. (Kroenke bought out Banks' stakes in both Screaming Eagle and Santa Barbara winery Jonata in 2009.)

Winery Purchases and Sales France Burgundy News

You Might Also Like

Instagram Live Chats: View Wine Spectator's Upcoming Schedule

Instagram Live Chats: View Wine Spectator's Upcoming Schedule

And catch up on past episodes on the magazine's IGTV channel

Dec 5, 2020
How Are Wine Auctions Doing? Leading Auctioneers Praise Virtual Success

How Are Wine Auctions Doing? Leading Auctioneers Praise Virtual Success

As the pandemic continues to restrict most in-person events, auction houses are seeing …

Dec 3, 2020
Goodnight Hospitality Brings Prix-Fixe Lounge Experience to Houston

Goodnight Hospitality Brings Prix-Fixe Lounge Experience to Houston

The Lounge at March debuts before the full restaurant opens next year. Plus, City Winery …

Dec 3, 2020
Leafy Greens, Whole Grains and a Glass of Wine May Keep the Heart Healthy

Leafy Greens, Whole Grains and a Glass of Wine May Keep the Heart Healthy

A Harvard team found strong links between a diet of anti-inflammatory foods, including …

Nov 25, 2020
Auction Napa Valley Turns the Page

Auction Napa Valley Turns the Page

The landmark charity fundraiser cancels its 2021 event as organizers chart out new format …

Nov 23, 2020
Farm Purchase Marks Major Expansion for Sonoma’s SingleThread

Farm Purchase Marks Major Expansion for Sonoma’s SingleThread

The inn and restaurant ups its farming capacity with the Dry Creek Valley site. Plus, 1789 …

Nov 19, 2020