Pinault family strikes merger deal with Maisons & Domaines Henriot
The family of French billionaire luxury goods magnate Francois Pinault has announced a merger with Maisons & Domaines Henriot in a move that will unite brands such as Château Latour and Champagne Henriot under one group.
French luxury goods billionaire Francois Pinault has cemented a new deal that will bring several leading wine brands together under the group name, Artémis Domaines.
The Pinault and Henriot families said they were merging their wine estate businesses, a deal that will see luxury brands such as Château Latour and Champagne Henriot come together under the Artémis Domaines group.
Francois Pinault will own three-quarters of the group, it is reported, while the remaining portion will be owned by the Henriot families.
Additional brands that will now become part of Artémis Domaines include Clos de Tart and Domaine d’Eugenie from the Pinault family and Bouchard Pere & Fils and William Fevre from Henriot.
The move is intended as “a guarantee that a French group will ensure the long-term preservation” of these prestige brands and their winemaking heritage, according to a statement.
“The merger of Maisons & Domaines Henriot and Artémis Domaines is a wonderful opportunity to bring together the treasures of our wine heritage under the same banner,” said Francois Pinault in a statement.
Expectations are high for the 2022 vintage in Champagne, with high volumes of healthy grapes and musts having a potential alcohol on average better than 10% by volume being reported. You can read more about the 2022 vintage here.
Earlier this year, it was announced that Artémis Domaines had acquired a minority stake in premium Champagne house Jacquesson.