Wine Spectator: French Vintners Buy Wineries From Sanctioned Russian OligarchMarch 25, 2022
On March 9, the European Union imposed sanctions on Russian businessman Dmitry Pumpyansky, 57, his wife, Galina, 56, and their son Alexander, 34, paving the way for the French government to freeze the oligarch’s assets, including the two French wineries he owns, Domaine Prieuré St.-Jean de Bébian in Languedoc and Domaine Ganevat in Jura. It also raised the prospect of consumers boycotting the wines.
Pumpyansky, born in the Ural district, made his fortune in steel. He is chairman of the board of directors of PJSC Pipe Metallurgic Company, president of Group Sinara, and owner-founder of pipe manufacturer TMK. His son Alexander, who lives in Geneva, oversees the family wineries in France and works in his father’s steel empire.
In 2008, the Pumpyansky family bought the 87-acre Domaine Prieuré St.-Jean de Bébian in the Languedoc. They had been looking for a winery in Bordeaux, but fell in love with Bébian. They invested €4 million in a gravity-fed cellar, looking to improve quality.
In September 2021, the Pumpyanskys acquired Domaine Ganevat from siblings Jean-François and Anne Ganevat. “I bought Domaine Ganevat because I loved the work of Jean-François. We shared a desire to develop this even further,” said Pumpyansky at the time. But Russia’s invasion of Ukraine has changed everything. Wine Spectator has the full story.—Suzanne MustacichSubscribe to Shanken News Daily’s Email Newsletter, delivered to your inbox each morning.