Here is the press-release for the new acquisition of Faiveley which hit Twitter yesterday evening.
I’m not going to complain about the concentration of domaines in fewer hands, because, let’s be honest, this has been happening for a long time. It is currently the way the industry operates. Faiveley make super wines and we can be 100% sure that these Chablis vines are in great hands.
More interesting are the machinations that go on behind the scenes.
This Chablis domaine has finally been sold after years of ‘difficulties’ between the families that owned the domaine. Let’s also be clear, Faiveley was clearly not the only suitor – indeed, another well-known Beaune name, thought they’d bought Billaud-Simon over two months ago – even before I tasted the wines for my Chablis Report. Unfortunately this particular Beaune-based producer shook hands with the part of the family that owned only 1/3 of the domaine. The part of the family that owned 2/3rds, meanwhile, were talking to Faiveley…
Such is the way the cookie crumbles – or put another way, that’s business! I hope all parties make good from this deal, even the disappointed ones!