(TDB) - LVMH bought Provençal estate Château Galoupet in May this year in order to bolster its own rosé wine portfolio and now has gone a stage further by buying a controlling stake in d’Esclans

While LVMH’s own wine and spirit stable includes names such as Moët & Chandon, Krug and Hennessy.

According to a release sent out by the estate, LVMH acquired the 50% stake ceded by co-owner Hervé Vinciguerra and a further 5% stake from Sacha Lichine, the driving force behind the brand.

The amount paid was not revealed.