Breaking: Latour’s owner buys Clos de Tart

Artemis Group, the holding company owned by Château Latour’s owner, François Pinault, has bought Clos de Tart it has been confirmed.

Rumours have been building all month that the famous grand cru monopole in Morey-St-Denis was for sale and the news breaking this morning (27 October) is that Pinault’s Artemis Group is the buyer.

Quite how much the Mommessin family parted ways with the 7.5 hectare property for is not known but the speculation is it is in excess of €200m, perhaps even €250m.

If so it would be a new record even for the often stupendous prices which top vineyards change hands for in Burgundy.

Pinault already owns Domaine de Eugénie in Vosne-Romanée, the former domaine of René Engel which he bought in 2006.

Clos de Tart adjoins another famous grand cru in Morey, Clos des Lambrays, which is owned by another of France’s leading luxury groups – LVMH.

With this sale Pinault becomes just the fourth owner of the property in its 900 year history. Founded by the Bernadine sisters of the Abbey de Tart in 1141, the vineyard passed into the hands of the Marey-Mange family in 1791 after the Revolution when all Church property was confiscated.

It has been owned by the Mommessin family since the 1930s.

Several big names were previously rumoured to be attached to the sale including Champagne Louis Roederer and French aircraft manufacturer, Serge Dassault.

Update: Le Point magazine which is owned by the Artemis Group has confirmed the purchase.

One Response to “Breaking: Latour’s owner buys Clos de Tart”

  1. PK Chua says:

    Wow….not sure if thats good or bad news…

Leave a Reply

Your email address will not be published.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

Please note that comments are subject to our posting guidelines in accordance with the Defamation Act 2013. Posts containing swear words, discrimination, offensive language and libellous or defamatory comments will not be approved.

Subscribe to our newsletters

Sales Executive (London – Craft Spirits)

Bimber Distillery
London, UK

International Sales Manager

Crush Wines Ltd
Home based/Wiltshire office, UK

Head of Marketing

Amathus Drinks Plc
London, UK

Sales Representative - Private Customers

Corney and Barrow
Central Hong Kong, HK

Export Manager UK On Trade

AdVini
Home based in London or the South East, GB

Global Head of Marketing

ATOM Brands
Tunbridge Wells, GB

Sales Executive

Three Wine Men
Home-based but must be available to travel throughout the UK with frequent trips to London, GB

Senior Sales Operations Executive

Enotria&Coe
Park Royal, London, GB

Sales Administrator

Les Caves de Pyrène
Guildford, UK

On Trade & Corporate Accounts Manager

The Champagne Company
Birmingham, UK

Pink Rosé Festival

Cannes,France
7th Feb 2018

VinoVision Paris

Paris,France
12th Feb 2018

Vinisud

Montpellier,France
18th Feb 2018
Click to view more

The Global Pinot Noir Masters 2018

Deadline : 31st January 2018

The Global Organic Masters 2018

Deadline : 12th February 2018

Click to view more

The Global Malbec Masters 2017

the drinks business is proud to announce the inaugural Global Malbec Masters 2017

The Global Sparkling Masters 2017

the drinks business is thrilled to announce the launch of The Global Sparkling Masters.

Click to view more