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Champagne Thiénot buys into Dourthe

>> Tuesday, May 29, 2007 Champagne house Thiénot (Thiénot, Canard-Duchène, Joseph Perrier, Marie Stuart, Malard) has bought a stake in the Bordeaux négociant CVBG Dourthe Kressmann. Dourthe is a major négociant in Bordeaux and also owns (or manages) several estates: Château Belgrave, Ch La Garde, Ch Pey La Tour. It is said that the intention from Dourthe is to assure the long term capitalisation of the company. The turn-over of the combined group is expected to reach 275 million euro in 2007 and it will manage some 725 hectares of vines in Bordeaux, Champagne and the Languedoc.,


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