Burgundy-based wine company Boisset is in advanced negotiations with the owners of Antonin Rodet to take over its wine business.
It is believed Rodet’s owner, Sequana Capital, has been in exclusive talks with Boisset for the past month to take over the entire Rodet business and the deal could go through within weeks.
Investment holding company Sequana is offloading some of its assets including its wine business. While a number of unnamed wine companies have been involved in the Rodet buy-out discussions, Boisset is now the frontrunner.
Jean-Charles Boisset, president of Boisset Family Estates confirmed, ‘We have been having close discussions in the past month and if it happens it would include all the estates.’
A Rodet spokesman also told decanter.com, ‘We still don’t know who will be taking Rodet over or when but the discussions between Sequana and Boisset should go through. We expect to hear something in September if it does.’
Sequana Capital, which is listed on the stock market, refused to comment.
The news follows Boisset’s acquisition of Napa Valley winery Raymond Vineyard & Cellar earlier this month. The firm also bought rival company Société Gabriel Meffre, owner of La Chasse du Pape and the Fat Bastard brand in March.
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Written by Rebecca Gibb & Beverley Blanning MW