Bernard Arnault, through his LVMH group, which already owns Château Cheval Blanc, Château d’Yquem, and Clos des Lambrays in Burgundy and a multitude of brands in Champagne (Krug, Dom Pérignon, Moët & Chandon, Veuve Clicquot), continues his purchases in Provence.
After the purchase of Château du Galoupet last May, it is now the turn of Château d’Esclans and its famous Whispering Angel cuvée, one of the most expensive rosés in the world, to be bought by LVMH group.
The luxury goods company, now the world’s largest since the acquisition of American jeweller Tiffany at the beginning of the week, now has a 55% stake in this Provençal estate.
Previously, it was owned equally by Hervé Vinciguerra and Sacha Lichine. LVMH bought all of Vinciguerra’s shares and 5% of Lichine’s shares.
Château d’Esclans is a vineyard with 44 hectares of vines in production on a total of 260 hectares.