Chateau Troplong Mondot Sold For Record Setting Price!

August 18, 2017

Big News! Make that very big news. In breaking news, Chateau Troplong Mondot was sold to SCOR Group by Xavier Pariente, the owner of Chateau Troplong Mondot. The SCOR group is a massive French Insurance Company that was formed in 1970. This is their first investment in Bordeaux. While details on the transaction are a closely held secret, the rumors are that price paid was close to 180 Million Euros! That is a record setting price for land in St. Emilion at close to 5.5 Million Euros per hectare.

That makes 3 sales of Classified vineyards in the Right Bank in one week! For details on the 2 other sales just announced 2 Classifed Growth Vineyards Sold in 1 Week!

What makes this transaction unique is that the other 2 vineyard sales that took place this week were for smaller estates that sold to owners of vineyards that were classified as Premier Grand Cru Classe B with the potential to have those vines merged into the larger, higher classified vineyards. Troplong Mondot is the first sale in years of a First Growth classified vineyard! Troplong Mondot earned their status in the 2012 Classification of Saint Emilion.

 

Continue reading: The Wine Cellar Insider

 





Also in News

The World's Best Merlots
The World's Best Merlots

November 26, 2018

Merlot is still a huge seller worldwide, whether it's an expensive classic from Pomerol or a ripe, fruity little bargain from California. It has suffered by comparison with other varieties (Cabernet Sauvignon and Pinot Noir particularly), but it remains tremendously popular. After all, what's not to like? It's more often than not a plump, plummy, approachable wine that appeals to a wide audience.

Continue Reading

WINE HARVEST 2018 REPORT: FROM HAILSTORMS TO A ‘ONCE IN A LIFETIME’ HAUL
WINE HARVEST 2018 REPORT: FROM HAILSTORMS TO A ‘ONCE IN A LIFETIME’ HAUL

November 05, 2018

This year’s harvest is now all but complete in the Northern Hemisphere, and the emerging reports make for much more positive reading. Here’s what 2018 had in store for some of the most notable regions, and what to expect from this year’s vintage.

Continue Reading

The 2018 Bordeaux Harvest Report
The 2018 Bordeaux Harvest Report

November 02, 2018

2018 shapes up to be another excellent year for Bordeaux.

Well, Bordeaux had another great vintage in 2018 – at least, those who managed to ward off the mildew did. 

Continue Reading