Champagne Thiénot buys into Dourthe
>> Tuesday, May 29, 2007
The 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. decanter.com, journee-vinicole.com
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