Wine Spectator: LVMH Buys Into Château MinutyFebruary 28, 2023
The world of prestige rosé is consolidating. Moët Hennessy, the wine and spirits division of LVMH, has purchased a majority stake in the fast-growing Provence estate Château Minuty. In the Moët Hennessy portfolio of luxury wine labels, Minuty joins rosé winery Château d’Esclans, producer of Whispering Angel. The French conglomerate became the majority owner of that estate back in 2019, joining forces with founder Sacha Lichine, and the alliance has proven highly successful.
“Since we entered into the partnership with Sacha Lichine on Chateau d’Esclans, the business has literally doubled, and we have no doubt that the growth will continue and that we can expand this success to Minuty,” said Philippe Schaus, chairman and CEO of Moët Hennessy. Wine Spectator has more.Subscribe to Shanken News Daily’s Email Newsletter, delivered to your inbox each morning.
Tagged : Chateau Minuty, Moet Hennesssy
GET YOUR FIRST LOOK AT 2021 DATA AND 2022 PROJECTIONS FOR THE WINE AND SPIRITS INDUSTRIES. ORDER YOUR 2022 IMPACT DATABANK REPORTS. CLICK HERE.