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A few days ago, the Cru Classé Château Lascombes in Margaux was sold to an anonymous US entrepreneur under great secrecy. The purchase price is not yet known. However, experts estimate it at several hundred million euros.
The estimate is based on the publicly available figures of the French Safer Authority, which puts the value of a Cru Classé vineyard in Margaux at just under 1.5 million euros. The new owner is not a pure financial investor. He is said to already own three wine estates in California, the French daily Le Figaro reports.
Château Lascombes had belonged to the French health insurance MACSF since 2011. At that time, it had taken it over for about 200 million euro. Lascombes is considered to be the largest of the 1855 Cru Classé wine estates. Its property of about 117 hectares comprises about 84 hectares of vineyards planted with Merlot, Cabernet Sauvignon and some Petit Verdot. From these, around 250,000 bottles of the Grand Vin and 70,000 bottles of the second wine Chevalier de Lascombes are produced. Michel Rolland works for the company as an oenological consultant.
The purchase is already the fifth in Margaux within three years. Some time ago, the Le Lous family took over Château Cantenac-Brown, the Perrodo family bought La Tour de Mons, the CNP insurance company became owner of Château du Tertre and the Roulleau family of Château Dauzac. According to Le Figaro, this proves the increasing attractiveness of the appellation for investors.
(uka / Source: Le Figaro - Photo: Château Lascombes)