The Sazerac Company has purchased Domaine Breuil de Segonzac Cognac located just outside Segonzac, France, near the town of Cognac.
The purchase includes the cognac distillery, organic vineyards, existing buildings which include a chateau-style mansion dating from 1870, an 18th century restored farmhouse, visitor center and existing stock. The property is about 220 acres and includes its own grape pressing operation and distillery with four pot stills, two of which are antique.
The purchase price was not disclosed in a news release.
Sazerac purchased Breuil de Segonzac from Patrick and Maria Brillet, who have decided to retire. No operational changes are anticipated.
The existing team will remain in place, the contracts in place for vineyard services are being honored and the visitor center will remain open.
The transaction is one of two announced Thursday. Sazerac also said it has purchased a distillery in Newport, Tennessee that will allow the company to start producing Tennessee whiskey.
source : neworleanscitybusiness.com
