LVMH continues with heavy investment in wine industry

Clos des LambraysIn a continuation of the strategy which has led to the acquisition of Château d’Yquem and Dom Perignon, luxury goods giant LVMH have added 8.66 hectares of Clos de Lambrays, one of the largest grand cru vineyards in Burgundy’s Cote de Nuits region. The company’s continued expansion into wine is clear evidence of a wider strategy to acquire a portfolio of some of the best-known and well-regarded wine producers in the world, suggesting that for LVMH at least, wine is definitely the place to invest.

Click here for the full article: http://www.decanter.com/news/wine-news/586796/lvmh-buys-burgundy-grand-cru-vineyard