x

LATOUR’S OWNER BUYS CLOS DE TART

Artemis Group, the holding company owned by Château Latour’s owner, François Pinault, has bought Clos de Tart it has been confirmed.

Rumours have been building all month that the famous grand cru monopole in Morey-St-Denis was for sale and the news breaking this morning (27 October) is that Pinault’s Artemis Group is the buyer.

Quite how much the Mommessin family parted ways with the 7.5 hectare property for is not known but the speculation is it is in excess of €200m, perhaps even €250m.

If so it would be a new record even for the often stupendous prices which top vineyards change hands for in Burgundy.

Pinault already owns Domaine de Eugénie in Vosne-Romanée, the former domaine of René Engel which he bought in 2006.

Clos de Tart adjoins another famous grand cru in Morey, Clos des Lambrays, which is owned by another of France’s leading luxury groups – LVMH.

With this sale Pinault becomes just the fourth owner of the property in its 900 year history. Founded by the Bernadine sisters of the Abbey de Tart in 1141, the vineyard passed into the hands of the Marey-Mange family in 1791 after the Revolution when all Church property was confiscated.

It has been owned by the Mommessin family since the 1930s.

Several big names were previously rumoured to be attached to the sale including Champagne Louis Roederer and French aircraft manufacturer, Serge Dassault.

 

Archive

March 2024

February 2024

January 2024

December 2023

November 2023

August 2023

July 2023

June 2023

April 2023

March 2023

February 2023

December 2022

November 2022

October 2022

August 2022

March 2022

January 2022

December 2021

November 2021

October 2021

September 2021

June 2021

April 2021

February 2021

January 2021

November 2020

October 2020

September 2020

August 2020

May 2020

March 2020

January 2020

December 2019

November 2019

October 2019

September 2019

August 2019

July 2019

May 2019

April 2019

February 2019

January 2019

December 2018

November 2018

October 2018

September 2018

August 2018

July 2018

June 2018

April 2018

March 2018

February 2018

December 2017

November 2017

October 2017

September 2017

July 2017

June 2017

May 2017

April 2017

March 2017

February 2017

January 2017

December 2016

November 2016

October 2016

September 2016

August 2016

July 2016

June 2016

May 2016

Register to Tastingbook
Sign up now, it's quick and easy.
We use PayPal, the world's largest payment system, it accepts all credit cards.
Once you've chosen your membership level, you'll go directly to PayPal, where you can sign up for a free 7-day trial period. You can cancel your membership at any time. We wish you a rewarding journey to the world of Fine Wines.

Free 7 days Member trial

 

Member

 

Pro Member

 

Winemerchant Member

 

Winery Member

 

User

X
You need to login or register to view the info.
'
X
You need to login or register to access this functionality.
X
To write comments you need to login or register.