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Issue # Five - Nov 2013

French Group Acquires Araujo in Napa

Artémis S.A., the company belonging to French business magnate François Pinault, has purchased Araujo Estate, according to the Wine Spectator. Araujo is one of the most prestigious names in the Napa Valley, and their reputation has been associated primarily with Cabernet Sauvignon.

The acquisition includes the prized Eisele Vineyard which Bart and Daphne Araujo bought in 1990. Artémis has gradually extended their vineyard holdings with targeted acquisitions after purchasing First Growth Château Latour in Pauillac in 1993. Their wine portfolio also includes Domaine d’Eugénie (formerly Domaine Engel) in Vosne-Romanée and Château-Grillet in the Northern Rhône.

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