LVMH Acquires California’s Joseph Phelps Vineyards

In what seems to be a recent trend in the winemaking industry, yet another piece of California vineyard real estate has been snatched up by a large company.

French luxury company LVMH’s Moet Hennessy division shared on Wednesday that it recently closed a deal to acquire Joseph Phelps Vineyards in Napa Valley, according to CNBC. While the financial terms of this acquisition were not disclosed, the company states that this particular vineyard was chosen for its commitment to high-quality wines and shared values with LVMH.

Read More



Leave a Reply

Your email address will not be published. Required fields are marked *

Latest Posts:
Subscribe to


Stay up to date with the latest in marketing, sales, service tips and news for the beverage alcohol industry.

Related Posts