Artemis Buys Napa Valley's Araujo Estate for Undisclosed Amount
26 Luglio 2013 - 10:38AM
Dow Jones News
Artemis SA (ART.YY), the Pinault family holding company which
controls luxury conglomerate Kering (KER.FR), said Friday it bought
the Araujo Estate Wines in Napa Valley, without disclosing the
price of the transaction. The company already owns several
vineyards, including Château Latour in Bordeaux, Domaine d'Eugénie
in Burgundy and Château Grillet in the Rhône Valley.
MAIN FACT:
--Company buys Araujo Estate, which it says has been producing
one of the very best wines of Napa Valley since its acquisition by
Bart and Daphné Araujo in 1990.
-Write to Gabriele Parussini gabriele.parussini@dowjones.com
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