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04/2014

DOMAINE DES LAMBRAYS

Acquired by

LVMH

FRANCE Agriculture / Permanent Crops & Tree Groves / Vineyards EV 100M - 350M EUR

Context

LVMH acquired 100% of the Domaine des Lambrays from the Freund family in a highly competitive and strategic transaction. The deal was structured via a definitive asset and corporate equity purchase agreement that concluded a highly confidential bidding war among elite global wealth brackets and rival luxury syndicates.The transaction immediately transitioned the historic estate into LVMH’s institutional Wines & Spirits division, keeping long-term winemaker Thierry Brouin operationally embedded to ensure stylistic continuity. This acquisition successfully granted LVMH an unmatched cultural and commercial foothold in the Côte de Nuits, leveraging the conglomerate's global distribution muscle and hospitality network to maximize the asset's prestige allocation framework worldwide.

DOMAINE DES LAMBRAYS, which reported an EBITDA margin of LOGIN in 2013, is valued in this transaction at an EV/EBITDA multiple of LOGIN, a level LOGIN than the average currently observed in the AgriFood sector (10.6x).

Note that this data is based on contribution from our growing community, composed of M&A and Private Equity professionals, and has been verified by our team to ensure its accuracy.

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Target

Domaine des Lambrays is one of the oldest and most prestigious viticultural estates in Burgundy, recognized globally as the "jewel of the Côte de Nuits." Located in the historic commune of Morey-Saint-Denis, the estate's heritage dates back to 1365, when it was first recorded in the registry of the Abbey of Cîteaux as the "Cloux des Lambrey." Its business model relies on the production of ultra-exclusive, terroir-driven fine wines, anchored by its near-monopoly (quasi-monopole) over the 8.66-hectare Clos des Lambrays Grand Cru parcel. The company's commercial framework is characterized by extreme volume scarcity and structural price inelasticity, producing an average of just 35,000 bottles annually from low-yielding, deeply rooted pinot noir vines averaging 60 to 90 years of age. Beyond its flagship Grand Cru, the domain diversifies its high-margin allocation model with selective premier cru parcels, including white chardonnays from Puligny-Montrachet (Clos du Cailleret and Les Folatières). Strategically, the firm represents a highly coveted, trophy asset in a tightly supply-constrained Burgundy land market where grand cru appellations are exceptionally rare and fiercely protected.

Ent. Value

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Equity Value

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Multiples

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EV / EBITDA

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EV / EBIT

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Historical Financials (EUR)

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2013
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2012
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Other operations with DOMAINE DES LAMBRAYS

REFERENCES

Valuation range: EV 100M - 350M EUR

Revenue range: 0M - 5M EUR

EBITDA range: 0M - 5M EUR

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of DOMAINE DES LAMBRAYS by LVMH are reserved for mynth community members. Register for free to unlock full data.

Authors: mynth contributor (mynth data is contributed by M&A / PE professionals and systematically cross-verified with private deal documents and official press releases).

Press release: view release

Target: domaine des lambrays

Acquirer: lvmh