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Friday 7 October 2022

Big Pinault: Merger brings together major names in French wine

Artemis Domaines is now one of the biggest players in the premium French wine trade, bringing together under one umbrella brands like the Burgundies of Bouchard, Henriot champagnes and Chablis William Fèvre alongside Bordeaux heavyweight Château Latour and Burgundy's Clos de Tart.

As of this month, the vineyards and brands of the Henriot family have been absorbed by Artémis Domaines, the holding company of the Pinault family (who also operate luxury fashion brands including Balenciaga, Gucci and Yves Saint Laurent), wine newsletter Vitisphere reports. 

The group says the acquisition "gives rise to a unique ensemble in the world of exceptional wines".

Created in 1993 following the acquisition of Château Latour, the original Artémis Domaines are almost all certified organic, and cultivate their vines in accordance with biodynamic principles.

Among the other famous brands coming together in the enlarged Artemis portfolio are the Beaux Frères property in Oregon, the Eugénie estate (in Vosne-Romanée) as well as Château-Grillet in the Rhone and Eisele Vineyard in California.

The supervisory board of the new entity will be chaired by Gilles de Larouzière Henriot, CEO of Maisons & Domaines Henriot.

Francois Pinault, the owner of Artèmis (above), described the coming together as a “reconciliation” that makes it possible to “bring together under the same banner the treasures of our wine heritage."

Pinault is one of the richest men in the world and his daughter-in-law is actor Selma Hayak. He also owns Christie's auction house. No financial details of the deal were revealed.

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