The price for the 117-hectare Margaux second growth, which has been owned by American investment groupColony Capitalsince 2001, includes the chateau building, all land and equipment, and around €50,000 of stock.
The deal was signed over the weekend, ending months of speculation and a final bidding process that involved four interested parties. The current viticultural and winemaking team, led by Dominique Befve, will remain in place.
A rigorous study into the viability of the purchase and the future potential of the estate was carried out by MACSF along with various advisers: mergers and acquisitions specialists Wine Bankers, Bordeaux-based consultants Sogevignes, Ernst & Young Bordeaux, and law firm Fidal.
‘Part of the attraction for Colony Capital is the financial solidity of MACSF, and the ability to complete the transaction without any additional funding requirements,' Jean-Luc Coupé of Wine Bankers told Decanter.com.
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