Burgundy Winemaker And Négoçiant Girardin Said To Be Selling BusinessDecember 21, 2011
Reliable sources have told Wine Spectator’s Bruce Sanderson that Vincent Girardin, a prominent Burgundy grower and winemaker, has a deal in the works to sell his wine business. Featuring approximately 133 acres of vines and a small—but increasingly important—négoçiant business, Girardin’s holdings are expected to sell for between $52 million to $65 million and could prove to be one of Burgundy’s most significant sales in recent history. The prospective buyer wasn’t identified. Domaine de La Tour du Bief in Moulin-à-Vent, which was acquired by Girardin in 2010, is thought not to be included in the deal.
Girardin founded his business roughly 25 years ago, and has personally accrued more than 50 acres in the Côte de Beaune region and around 25 acres in Santenay. Under his holding company, he has another 57 acres of vineyards in Chassagne-Montrachet premier crus Morgeot and Les Caillerets, Puligny-Montrachet La Garenne, Les Pucelles and Les Referts and grand cru Corton-Charlemagne.
In recent years, Girardin’s vineyards have undergone major improvements, including a conversion to biodynamic cultivation and a transition toward cleaner, more minerally white wines. Notable recent vintages include the 2007 grand cru whites from Corton-Charlemagne and the Montrachet sites, as well as the 2006 reds from the winery’s Chambertin sites.
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