Dominus Estate, the Napa Valley winery owned by Bordeaux’s Christian Moueix, has purchased the 86-acre Yountville Ranch Vineyard from Markham Vineyards, next door to Dominus’ Napanook vineyard. Neither party disclosed a purchase price.

Moueix told Wine Spectator that despite the current challenges facing the wine industry, he believes strongly in Napa wine’s future. “Usually I’m not that optimistic for business, but I’m optimistic. First, we love the terroir of our vineyard. We know the terroir next door is about the same.”

Started in 1983, Dominus makes three wines from its estate property in Yountville. There are currently 103 acres planted to vines at the Napanook vineyard. In 2008, Moueix purchased a 40-acre Oakville property from Clark Swanson, renaming it Ulysses. Yountville Ranch Vineyard lies between the two properties, giving Dominus more than 200 acres under vine in one stretch straddling the western side of Yountville and Oakville. Currently, Dominus makes 5,000 to 7,000 cases of wine per year. Wine Spectator has the full story.