It is perhaps not surprising that Louis Vuitton Moet Hennessy sold Cape Mentelle. While Cape Mentelle is an iconic Margaret River winery, it is a fair distance from Dom Perignon, Krug, and Glenmorangie in terms of geography, positioning and size.
The new owner is the Endeavour Group, the alcohol business spun out of Woolworths. It is best known for owning the retailers Dan Murphy's and BWS, but it also has a very significant winery portfolio under the Paragon Wine Estates umbrella, including Chapel Hill, Krondorf Wines, Riddoch of Coonawarra, Shingleback, Oakridge, Joseph Cromy, and Isabel Estate in New Zealand.
Cape Mentelle's sister company, Cloudy Bay, is not part of the transaction.
1 comment:
First time reading, much appreciate it
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