Maison Champy acquires Domaine Laleure-Piot vineyards in new purchase agreement
The purchase of Burgundy vintner Domaine Laleure-Piot by negociant Maison Champy has been completed.
Under the deal, Laleure-Piot's 25 acres of premier crus and grand crus vinyards will be leased to Champy under a 25-year deal, bringing the latter's controlling total to 67 acres, according to Wine Spectator.
Speaking to the magazine, Champy director Pierre Meurgey explained what the securing of the new land meant for his company.
He said: "Now that we have 27 hectares [roughly 67 acres] it will allow us in the future to promote Domaine Champy wines.
"We are reorganising our production, but will probably specify that on the label, along with our organic and biodynamic certification once it is approved."
Champy's winemaker Dimitri Bazas will no doubt relish the opportunity to draw on these new prestigious grape resources.
Mr Bazas, who moved over to work in Burgundy in the 1990s from Greece, praised the Burgundians transition to becoming "self-critical" and determination to produce "better wines", in an interview with the Burgundy Report.
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