Art?mis Buys California Winery

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VINTAGE PURCHASE: Art?mis, French billionaire Fran?ois Pinault?s family holding company, has bought cult California winery Araujo Estate Wines in Napa Valley from owners Bart and Daphn? Araujo for an undisclosed sum, it announced on Friday.

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?This estate has an amazing potential and will take its place among the great terroirs currently owned by Art?mis: Ch?teau Latour in Bordeaux, Domaine d?Eug?nie in Burgundy and Ch?teau Grillet in the Rh?ne Valley,? Art?mis said in a statement.

Source: http://www.wwd.com/fashion-news/fashion-scoops/artmis-buys-california-winery-7066613?src=rss/fashion/20130726

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