You are currently viewing the International Edition. You can also switch to the Hong Kong Edition.
Sunday 5 July 2015

Business mogul buys 50% stake in d’Issan

28th February, 2013 by Gabriel Stone

Businessman, rugby backer and vineyard owner Jacky Lorenzetti has expanded his wine interests by acquiring a 50% stake in Margaux third growth Château D’Issan.

Margaux third growth Château d'Issan

Margaux third growth Château d’Issan

The Left Bank estate has been owned by the Cruse family since 1945, but there is understood to have been disagreement between its two branches about how the estate should be managed.

According to a statement from the Cruse family’s lawyers, “The members of the Roland Cruse family branch have given up their equal share in Château d’Issan to the Ovalto group, belonging to Mr Lorenzetti, already owner of châteaux Lilian Ladouys and Pédesclaux.”

The move will see Lorenzetti work alongside d’Issan’s manager, Emmanuel Cruse, who has previously acted as a consultant for the businessman’s Pauillac and St Estephe properties.

Lorenzetti, who founded the property firm Foncia in the 1970s, is also a keen rugby union fan and president of the Paris-based Racing Métro 92 team.

In addition to d’Issan’s 40 hectares within Margaux, from which it produces grand vin Château d’Issan and second wine Blason d’Issan, the company also makes Moulin d’Issan and Le Haut-Médoc d’Issan from a further 13ha of vineyard holdings across Bordeaux Supérieur and Haut-Médoc.

First documented in the 12th century, when its wine was served at the marriage of Eleanor of Aquitaine to Henry Plantagenet, Château d’Issan’s was rescued from neglect during the first half of the 20th century by the Cruse family.

During the last 15 years of stewardship by Emmanuel Cruse, a number of critics and merchants have remarked on the improvement in quality of the wines. Alun Griffiths MW, former wine buying director of Berry Brothers & Rudd described the 2011 Château d’Issan as “One of the real finds in the Margaux appellation.”

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>

If that's interesting, how about these?

English fizz attracts new deal

English sparkling wine producer Jenkyn Place has stepped up its ambitions by more...

Bordeaux wine thieves found guilty

A French court has sentenced 15 men over the audacious theft of $1.1 million of more...

How to drink like a billionaire

With access to tropical islands, private yachts and the best food and drink more...

Supplier Relationship Manager

London, United Kingdom

Cockburn’s wins the boat race

Cockburn’s has won the 2015 Barcos Rabelos race, featuring the boats that more...

Fire devastates New Zealand winery

A fire has ripped through a New Zealand winery destroying its offices, kitchen more...

Is Parker wrong about the 05 Médocs?

With no Médoc wines gaining 100-points in Robert Parker’s retrospective of more...

PR Senior Account Manager/Director

London, United Kingdom

Depending on experience

Is fine wine turning a corner?

The Liv-ex Fine Wine 100 index is finally showing a year-on-year gain as it more...

Hart Davis Hart biggest in US

Chicago-based wine auctioneer Hart Davis Hart is the market leader in the US in more...

UK vineyards included in tax relief scheme

Winemakers in the UK will be able to benefit from income tax changes for the more...

Social Media Editor

Competitive

Yealands sells majority stake

Yealands Family Wines' owner Peter Yealand has agreed to sell 80% of the more...

Rise for Haut Bailly in Liv-ex 2015 classification

Liv-ex’s bi-annual “re-classification” of Bordeaux saw Haut Bailly leap more...

Top 10 wines in the US press

A Texan Albariño, NY Riesling and Californian Syrah are among the wine tips more...

Business Development Executive

London, United Kingdom

£25-£30K + benefits, depending on experience

Delegat aims high with new Barossa brand

Oyster Bay owner Delegat has launched “a new global brand” from more...

Louis Latour Agencies signs Gosset

Louis Latour Agencies marked its 25th anniversary last night with the more...

Wimbledon serves up English wine

Organisers of this year’s Wimbledon have decided to offer tennis fans English more...

Digital and Communications Executive

£22,000-£26,000 dependent on experience

Oregon producer takes international view

One of Oregon’s youngest wine estates has partnered with Jackson Family Wines more...

Bordeaux 2005: Biggest movers

Expectation surrounding the 2005s is building and pushing up prices for top more...

Bordeaux 2005: 12 ‘perfect’ wines

Twelve wines have been given “perfect” 100-point ratings in Robert more...

Warehouse Supervisor

London, United Kingdom

£27,000-£30,000 depending on experience

En primeur: beware the heralded vintage?

From an investment point of view is it best to buy the “vintages of the more...

Mumm releases Santana sparkler

Legendary guitarist Carlos Santana has teamed up with Mumm Napa to release a more...