2017 has been a busy year for Bordeaux, with a lot of changes of ownership in the Grands Crus, including:
• Ch. Troplong-Mondot (Saint-Émilion) purchased by the french insurance company SCOR,
• Ch. Fonroque (Saint-Émilion) purchased by an insurer from Nantes, M. Guillard,
• Ch. Berliquet (Saint-Émilion) purchased by the firm Chanel (Ch. Canon et Rauzan-Ségla),
• Ch. Haut-Batailley (Pauilllac) purchased by the Cazes family (Ch. Lynch-Bages et Ormes de Pez),
• Ch. Phélan-Ségur (Saint-Estèphe) purchased by a Belgian industrialist (Sea-Invest),
• Ch. Bellefond-Belcier (Saint-Émilion), transaction in progress,
• Ch. Le Sartre (Pessac-Léognan), transaction in progress.
Bordeaux is not the only French wine-growing region that catches investor’s attention. After the purchase of Clos Rougeard (Saumur) by MM. Bouygues (Ch. Montrose) last July, now the Clos de Tart (Côte de Nuits) has just been purchased by M. Pinault (Ch. Latour).
And the year is not over yet…
Michelin just acquired a stack (40%) in the magazine The Wine Advocate, created by Robert Parker in 1978 and hold since 2013 by Singaporean investors.
Michelin's intents have not been revealed for now, but it is not obvious that The Wine Advocate will stay as influential as during the Robert Parker's greatest moments (1982-2012).
After the passing of Christine Valette in April 2014, it was predictable that the Château Troplong-Mondot will change hands.
It has just been announced that the Château Troplong-Mondot had been purchased by the french insurance company SCOR. But for now, we have no further information on the future manager team and its goals concerning the upcoming vintage.