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02/2023Majority

LVMH takes majority stake in Château Minuty

FRANCE Agriculture / Permanent Crops & Tree Groves / Vineyards EV €300–700M

Context

Moët Hennessy has completed a majority stake acquisition in Château Minuty, a iconic producer of Provence rosé. This move is part of the group's strategy to bolster its position in the premium rosé segment, a category experiencing rapid growth in international markets, while consolidating its existing portfolio in the region. The transaction is structured around a principle of managerial continuity, with the founding family remaining at the helm of the estate's management and direction. This approach ensures operational stability, preserves the historical know-how, and maintains the brand's identity, while providing access to broader development opportunities. The strategic rationale behind this acquisition is based on several complementary axes. Firstly, it accelerates the international development of Château Minuty, particularly in the Asian and North American markets, where demand for Provence rosé is experiencing significant growth. Secondly, it consolidates Moët Hennessy's existing Provence hub, which is structured around several estates, enabling synergies in distribution, range positioning, and overall category visibility. The acquisition also leverages the alignment of commercial channels, with enhanced export capabilities and better integration into the group's global networks. The discussions between the parties were lengthy, reflecting the strategic importance of the asset and the desire to build a long-term joint project. This gradual integration aims to strengthen Minuty's international presence while preserving its unique identity and Provençal roots. By joining forces with Moët Hennessy, Château Minuty is well-positioned to capitalize on the growing demand for premium rosé, while maintaining its commitment to quality, heritage, and terroir.

The acquisition of Château Minuty is part of the growth strategy of LVMH, which already has several external growth operations under its belt, notably Tiffany & Co in 2020.

Château Minuty, which reported an EBITDA margin of [members only] in 2022, is valued in this transaction at an EV/EBITDA multiple of 15x–25x.

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Target

Château Minuty is a renowned wine estate situated on the Saint-Tropez peninsula, in the heart of the Côtes-de-Provence appellation. The vineyard spans approximately 170 hectares across several communes, benefiting from a distinct Mediterranean environment and strong maritime influence that shapes the expression of its grape varieties. With an annual production of nearly 9 million bottles, Château Minuty has established itself as a leading reference for Provence rosé, featuring iconic cuvées such as M de Minuty and premium ranges. The estate's parcels, primarily planted with Grenache, Cinsault, and Syrah, are carefully managed with a focus on soil conservation, yield control, and balancing maturity with aromatic freshness. Harvests are organized to preserve the integrity of the grapes and ensure precise, elegant, and consistent wine profiles from one vintage to the next. As a historic classified growth of Provence, Château Minuty benefits from enhanced recognition within the regional wine landscape. Beyond wine production, the estate operates an integrated structure that includes trading and distribution activities, expanding its presence in various markets. Over time, Minuty has built a strong brand image closely associated with the Mediterranean lifestyle and the French Riviera, becoming an indispensable player in the global rosé category. The estate's development is rooted in a balance between territorial roots, quality requirements, and the ability to meet the growing global demand for high-end rosé wines.

Ent. Value

€300–700M

Equity Value

[members only]

Multiples

EV / Revenue

2x–6x

EV / EBITDA

15x–25x

EV / EBIT

Above 20x

Historical Financials (EUR)

Year
Rev
EBITDA
EBIT
2022
€50–100M
€5–25M
€5–25M
2021
€50–100M
€5–25M
€5–25M

Other operations with LVMH

Other operations with LVMH
DateAcquirerTargetCountrySector
10/2024LVMHPARIS MATCHFRANCEContent & Publishing
06/2024LVMHL'EPÉE 1839SWITZERLANDWatches & Jewelry
12/2020LVMHTIFFANY & COUNITED STATESWatches & Jewelry
11/2019LVMHCHÂTEAU D’ESCLANSFRANCEVineyards
12/2018LVMHBELMONDUNITED STATESHotels & Accommodation
11/2017LVMHCOLGIN CELLARSUNITED STATESVineyards
03/2017LVMHMAISON FRANCIS KURKDJIANFRANCEHygiene & Beauty Brands
10/2016LVMHRIMOWAGERMANYFashion & Leather Goods
04/2014LVMHDOMAINE DES LAMBRAYSFRANCEVineyards
07/2013LVMHLORO PIANAITALYFashion & Leather Goods

Similar deals in Agriculture

Similar deals in Agriculture
DateAcquirerTargetCountrySector
09/2026CREDIT MUTUEL EQUITY / OLMACAVIAR DE NEUVICFRANCEAquaculture
04/2026SCANDI STANDARDDANBROILERDENMARKPoultry & Eggs
04/2026SEAFIRESPLENDOR PLANTSWEDENHorticulture & Flowers
01/2026COBRAM ESTATE OLIVESCALIFORNIA OLIVE RANCH (COR)UNITED STATESOlive Groves & Oil
03/2025EURAZEOBIOLINE AGROSCIENCESFRANCESpecialized & Indoor Farming
10/2023TREASURY WINE ESTATES (TWE)DAOU VINEYARDSUNITED STATESVineyards
09/2021ORGANIC STORIESGERM'LINEFRANCECereals & Oilseeds
11/2019LVMHCHÂTEAU D’ESCLANSFRANCEVineyards
11/2017LVMHCOLGIN CELLARSUNITED STATESVineyards
04/2014LVMHDOMAINE DES LAMBRAYSFRANCEVineyards

REFERENCES

Valuation range: EV €300–700M

Revenue range: €50–100M

EBITDA range: €5–25M

EV/Revenue range: 2x - 6x

EV/EBITDA range: 15x - 25x

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

Authors: This transaction was contributed by a verified mynth contributor and cross-checked against available transaction documents and official company communications.

Target: château minuty

FAQ

What transaction does this page cover?

This page covers the acquisition of a majority stake in Château Minuty, a French company specialised in Permanent Crops & Tree Groves, by LVMH in 2023.

How was the acquisition of Château Minuty by LVMH valued, and what multiples were paid?

mynth displays the transaction’s enterprise value within the €300–700M band, its EV/EBITDA multiple within the 15x - 25x range, and its EV/revenue multiple within the 2x - 6x range. Exact figures are available to members.

What were Château Minuty’s revenue and EBITDA at the time of the deal?

At the time of the transaction, Château Minuty generated annual revenue estimated in the €50–100M range and EBITDA in the €5–25M bracket (FY 2022). Detailed financial figures are available to members.

What sources support the information on this transaction?

Transaction data and operational intelligence were compiled from independent financial press reporting by specialized M&A publications.

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