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The champagne house Louis Roederer is reportedly planning to acquire the winery Domaine Pierre Damoy in Gevrey-Chambertin (Burgundy). The operation is located in the Côte de Nuits and is known for its Grand Cru wines. The planned transaction includes around eight hectares of vineyard area in significant locations, including Chambertin, Chambertin-Clos de Bèze, and Chapelle-Chambertin. The completion is still subject to final contracts and approvals. Financial details have not been disclosed.
With the potential acquisition, Louis Roederer is pursuing its strategy to diversify the business beyond champagne production. Founded in 1776 and based in Reims, the company manages around 250 hectares of vineyard area, a large part of which is organically certified. Through the "Roederer Collection," the group already holds stakes in other wineries as well as in distribution and hospitality activities.
A company spokesperson stated that the transaction is part of the long-term direction to unite additional high-quality wineries alongside the core business while preserving their identity. The origins of Domaine Pierre Damoy date back to the early 20th century. Entrepreneur Julien Damoy (born 1844) began his career as a food trader and built a successful trading company in Paris, which became one of the most significant in its industry in France during the Belle Époque.
As a passionate wine enthusiast, Damoy strategically invested in vineyards in Burgundy after the phylloxera crisis – at a time when viticulture was economically weakened. This strategic decision laid the foundation for the present-day winery, which has remained in family ownership and was most recently run by his descendant Pierre Damoy.
(ru – Image: Pierre Damoy)
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