Chateau Latour back in French hands

Article Abstract:

Financier Pinault has purchased the Pauillac estate for $129 million from Allied-Lyons PLC. The winery has not had a French owner for 30 years, and Pinault sees the purchase as a long-term investment. The sale price is considered low by industry insiders.

Investments, Biography, Allied Domecq PLC, Pinault, Francois

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Don't judge a chateau by its owner

Article Abstract:

Many wine lovers are concerned that the growing trend toward foreign or corporate ownership of Bordeaux wine estates will lead to lower wine quality. This has not been the case so far. Chateau Latour is on the market for $200 million.

Evaluation, Column, Bordeaux (Wine)

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Taylor Fonseca group buys two prominent port houses

Article Abstract:

Issues are presented concerning the acquisition of the Delaforce and Croft Ports sherry producers by Gonzalez Byass and the Taylor Fonseca group for around $73-million. The growth in size of Taylor Fonseca is discussed.

Croft Port, Delaforce, Taylor Fonseca

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