DOMAINE DES LAMBRAYS acquired by LVMH

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.