Paris and New York and San Francisco (ots/PRNewswire) - Moët
Hennessy, the world leading luxury wines and spirits division of
LVMH, is pleased to announce the addition of Joseph Phelps Vineyards
to its portfolio. This acquisition follows Moët Hennessy's
development strategy, which aims to satisfy its consumers and
distribution partners' aspirations with an increasingly diversified
and comprehensive portfolio, adding Houses with strong values of
excellence, craftsmanship and heritage.
Founded by Joseph Phelps in 1973, the Napa and Sonoma-based wine
collection is one of the most respected and acclaimed in the United
States. It has made its way to the best tables and cellars across the
country, and its legendary Insignia, a Bordeaux-style Napa-grown
blend, is considered one of the most sought-after and desirable fine
wines in the world.
Moët Hennessy plans to build on the admirable legacy established by
Joseph Phelps, his children and grandchildren, maintaining the shared
values of quality, craftsmanship, entrepreneurship and a focus on
After the closing of the acquisition, the entirety of the Joseph
Phelps collection of exceptional Napa Valley and Sonoma Coast wines
will be welcomed by Moët Hennessy's customers, alongside its
outstanding multi-centennial Champagnes and its growing offer of
exceptional still wines from Europe and the New World.
Philippe Schaus, Chairman and CEO of Moët Hennessy declares: "We are
delighted and very proud to welcome Joseph Phelps Vineyards to our
portfolio of luxury wines and spirits. Through the combination of the
wonderful vineyards of Joseph Phelps, the unrivalled experience and
excellence of the Joseph Phelps team, and the support of our global
distribution organization and unique expertise with premium,
family-owned brands, we will continue the wonderful journey initiated
by the founder fifty years ago and pursued by his heirs today. Joseph
Phelps has been to the Napa Valley what Nicolas Ruinart, Mrs
Clicquot, Joseph Krug and Claude Moët were to the Champagne region,
and likewise we will continue to develop this new House in the
respect of the founder's heritage and vision."
The Phelps Family commented, "Our father founded Joseph Phelps
Vineyards in 1973 with a passion for innovation, an unwavering
commitment to quality, and joie de vivre. Nearly 50 years later,
we're proud to have grown from a 600-acre cattle ranch and early
pioneer of the Napa Valley to a critically acclaimed and
internationally known producer of iconic wines. As we plan for the
next 50 years, we believe that passing the care of this crown jewel
of the Napa Valley and Sonoma Coast to Moët Hennessy will build on
our family's legacy well into the future. During our discussions with
Moët Hennessy, it was abundantly clear that they value and embrace
all of our brilliant and dedicated team members and, most
importantly, are committed to ensuring that our founding mission and
values remain at the heart of Joseph Phelps Vineyards."
About Joseph Phelps Vineyards
Joseph Phelps founded his namesake winery in 1973, and quickly
established himself as a pioneer and creative visionary in the Napa
Valley wine industry in its early days of development. A year later,
he started producing Insignia, the red blend in the exclusive
Bordeaux style of California. Since then, Insignia has been
critically acclaimed for its iconic vintages, and four times rewarded
with Robert Parker Wine Advocate's perfect 100-point scores for the
1991, 1997, 2002 and 2007 vintages.
Joseph Phelps Vineyards consists of an estate recognized worldwide
for the quality of all of its wines, with 200 hectares of its own
vines spread over eleven vineyards in the Napa Valley and 30 hectares
spread over two vineyards in Sonoma Valley. With a focus on
innovation and commitment to excellence, Joseph Phelps Vineyards
today is synonymous with best-in-class California winemaking and
continues to embody the pioneering spirit and extraordinary legacy of
About Moët Hennessy
Moët Hennessy is the wines and spirits division of LVMH, which also
holds renowned wine estates through "LVMH Vins d'Exceptions".
Regrouping twenty-five Maisons, recognized internationally for the
richness of their terroirs, the quality of their products and the
craftsmanship with which they are created, Moët Hennessy has been
committed for many years to its environmental and social program,
Living Soils Living Together.
Ao Yun, Arbeg, Armand de Brignac, Belvedere, Bodega Numanthia, Cape
Mentelle, Chandon, Château d'Esclans, Château Galoupet, Cheval des
Andes, Clos19, Cloudy Bay, Dom Pérignon, Eminente, Glenmorangie,
Hennessy, Krug, Mercier, Moët & Chandon, Newton, Ruinart, Terrazas de
los Andes, Veuve Clicquot, Volcán de mi Tierra, Woodinville.
Moët Hennessy Alain Lavital
Public Relations & Partnerships Director
Digital press kit: http://www.ots.at/pressemappe/PR159301/aom
Christian Drastil: Wiener Börse Plausch
SportWoche Podcast S1/20: Petra Huber, die Chefin der Paralympic-Stars in Österreich
Aktien auf dem Radar:Flughafen Wien, S Immo, Pierer Mobility, Warimpex, Immofinanz, Zumtobel, UBM, Lenzing, Wienerberger, Semperit, ATX Prime, voestalpine, Porr, Andritz, Österreichische Post, Telekom Austria, AMS, FACC, Gurktaler AG Stamm, SBO, Uniqa, Frauenthal, Amag, Bawag, Erste Group, RBI, Strabag.
Sicherheit, Nachhaltigkeit und Kundenorientierung sind im Bankgeschäft Grundvoraussetzungen für den geschäftlichen Erfolg. Die HYPO Oberösterreich ist sicherer Partner für mehr als 100.000 Kunden und Kundinnen. Die Bank steht zu 50,57 Prozent im Eigentum des Landes Oberösterreich. 48,59 Prozent der Aktien hält die HYPO Holding GmbH. An der HYPO Holding GmbH sind die Raiffeisenlandesbank Oberösterreich AG, die Oberösterreichische Versicherung AG sowie die Generali AG beteiligt.
>> Besuchen Sie 62 weitere Partner auf boerse-social.com/partner
Mehr aktuelle OTS-Meldungen HIER