BCAP, a bunch managed by the Castéja household, has agreed to accumulate Château Peyrabon and Château La Fleur Peyrabon from Millésima, a subsidiary of the Bernard household, a joint-statement by each households stated. Monetary particulars weren’t disclosed.
Peyrabon, in Haut-Médoc, was ranked as a ‘Supérieur’ property within the Cru Bourgeois 2020 classification, which noticed the rating return to a three-tier system.
‘Supérieur’ is above normal Cru Bourgeois stage however under ‘Exceptionnel’.
Millésima and the Bernard household stated the property’s Cru Bourgeois Supérieur standing displays its important funding to modernise the property since taking possession in 1998.
But the sale will enable Millésima to concentrate on its core e-commerce enterprise, stated the assertion.
BCAP and the Castéja household deliberate to ‘proceed and amplify’ latest growth on the property, the assertion added.
Millésima will proceed to distribute Peyrabon and La Fleur Peyrabon wines, the latter produced beneath the Pauillac appellation. They may nonetheless be launched through the Place de Bordeaux, in accordance with the assertion.
Castéja family-owned properties embody fifth growths Château Batailley and Château Lynch-Moussas.
In complete, BCAP controls round 300 hectares of winery throughout Bordeaux, together with in Pauillac, St-Estèphe, St-Emilion and Pomerol. It additionally controls three négociant homes, Borie-Manoux, Mähler-Besse and A. de Luze, in addition to manufacturing, storage and logistics website GVG, plus e-commerce companies LaGrandCave.fr and 1jour1vin.com.
There have been a number of offers on Bordeaux’s Left Financial institution previously 5 years, together with the sale of Château Lafon-Rochet final yr and likewise the arrival of a new proprietor at Château du Tertre in Margaux.
