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LVMH buys into Colgin Cellars
Published:  23 November, 2017

Ann Colgin, founder of Colgin Cellars, and her husband Joe Wender, have sold a 60% stake in the Napa Valley winery.

Colgin and Wender (pictured) will hold 40% equity in the business and the winery team will continue to be led by Colgin and Wender, along with COO, Paul Roberts and winemaker, Allison Tauziet.

Founded by Colgin in Napa Valley 25 years ago, Colgin Cellars’ reputation is rooted in the quality of its four wines: Tychson Hill Cabernet Sauvignon, Cariad Napa Valley red wine, IX Estate Napa Valley red and IX Estate Syrah, which have developed an iconic status among wine collectors. The winery is located at the northern end of IX Estate in the Pritchard Hill area of Napa Valley – untouched by the recent Napa Valley fires – and views of Lake Hennessey…

LVMH says the winery’s success was built on its ultra-premium, limited production wines, all of which are consistently highly rated by several industry sources. The wines are sold primarily through an exclusive client list and also distributed to high-end restaurants and retailers in the US and more than 30 countries globally.

Colgin said: “After a social introduction to Mr. Arnault several months ago and discussions with the LVMH team, I realised that I could not find a better partner for Colgin Cellars to preserve our founding spirit and our exquisitely handcrafted red wines, into the future. We are happy to join the LVMH Group to continue to offer our loyal customers the unique and high-end experiences we’ve been creating for them, for over a quarter of a century.”

LVMH chairman and CEO Bernard Arnault said: “We share with Colgin Cellars the same desire to offer the very best quality products. I am therefore delighted to welcome Colgin’s unique heritage into LVMH, reaffirming our strategy of selective acquisition of the best existing terroirs, and enriching our collection of iconic wines such as Château Cheval Blanc, Château d’Yquem or Domaine du Clos des Lambrays.”