Faiveley buys Billaud-Simon
31st July, 2014 by Gabriel Stone
Burgundian producer Domaine Faiveley has made a significant first step into Chablis with the acquisition of Domaine Billaud-Simon.
Announcing the deal, which was concluded on Tuesday, Faiveley confirmed that it had taken possession of Billaud-Simon’s 20-hectare estate, which includes four grand crus – Les Clos, Les Preuses, Vaudesir and Les Blanchots – as well as four premier cru sites in the form of Montée de Tonnerre, Mont-de-Milieu, Fourchaume and Vaillons.
”We are delighted and most proud of this recent acquisition”, said Erwan Faiveley, seventh generation owner of Nuits-Saint-Georges-based Domaine Faiveley, which already owns more than 120ha across the Côte de Beaune, Côte de Nuits and Côte Chalonnaise.
Describing Billaud-Simon as “a superb brand in Chablis,” he commented: “it will be with great pleasure and honor to develop the brand in the future.”
As part of this development, Erwan continued, “In the great tradition of Bernard Billaud, we will continue to focus on the outstanding characteristics coming from the Kimmeridgian terroirs of Chablis, to create focused precisely vinified mineral-driven wine.”