Exclusive news and research on the wine, spirits and beer business

Wine Spectator: Michel Chapoutier Buys Provence Wine Estate

January 21, 2016

Michel Chapoutier, owner of the Tain l’Hermitage–based M. Chapoutier estate and négociant, is looking south and thinking pink, purchasing the Château des Ferrages estate in Provence. Located in Pourcieux, the property currently includes 67 acres of vineyards in the Côtes-de-Provence and Côtes-de-Provence St.-Victoire appellations, with the majority of its production currently geared to rosé. The purchase price was not disclosed.

While Chapoutier already produces both a Côtes du Rhône rosé and a Tavel, the move gives the producer a strong foothold in Provence, whose rosé wines have exploded in popularity in recent years. Provençal rosé imports to the U.S. have grown by double-digits every year during the past decade, hitting a new high of 6.9 million bottles in 2015, according to Wines of Provence, a winery-funded trade group. Chapoutier’s wines are handled in the U.S. by Terlato Wines. Wine Spectator has the full story.

Subscribe to Shanken News Daily’s Email Newsletter, delivered to your inbox each morning.

Tagged : , ,

Get your first look at 2017 data and 2018 projections for the wine and spirits industries. Order your 2018 Impact Databank Reports. Click here.

Previous :  Next :