Moët Hennessy, the wine and spirits division of the luxury goods group LVMH, has acquired a majority stake in the Provençal Château Minuty. Located on the Saint-Tropez peninsula, the winery is best known for its exclusive rosé wines, which cost up to 50 euros a bottle.
Château Minuty's partnership with Moët Hennessy began two years ago. Since then, LVMH has been distributing Minuty wines in the Asia-Pacific region. In a statement, the Matton family, which owns the estate, now says that the takeover will ensure "the continuity of Château Minuty's heritage and traditions". Family and employees will continue to be involved in the management of the wine estate.
Moët Hennessy thus complements its premium rosé portfolio, which already includes Château d'Esclans and Château Galoupet, one of 18 Cru Classé estates in Provence.
(al / Source: drinksbusiness; Photo: Château Minuty)