Terroirs & Vignerons de Champagne (TEVC) announced on september 29th that it has signed a finalised agreement to acquire Champagne Henriot from Artemis Domaines, in line with the terms set out in spring earlier this year.
“We are happy that Champagne Henriot is joining our company,” said TEVC President Véronique Blin. “The move serves to galvanise the strategic vision we have upheld for a number of years, and ably illustrates our commitment to setting our sights for Champagne to even higher levels of quality and to supporting vineyard holdings with increased market share.”
“Welcoming Champagne Henriot within our company will bring a new dimension to complement our existing brand portfolio,” added TEVC Managing Director, Christophe Juarez. “The Champagne House was established in Reims in 1808 by Apolline Henriot, and its remarkable achievements are an inspiration for lovers of fine champagne. With the backing of the existing team, we will endeavour to continue to enhance the brand DNA and its unique values in order to further realise its growth potential in both luxury markets and traditional channels.”
Henriot joins Terroirs & Vignerons de Champagne
Since acquiring Maisons & Domaines Henriot in autumn 2022, Artemis Domaines is set on consolidating its activity, and entered exclusive talks with Terroirs & Vignerons de Champagne last April, in a bid to acquire Champagne Henriot.
Frédéric Engerer, Artemis Domaines Managing Director added: « I wish to warmly thank Richard Moreau. He steps down today as Managing Director and together with the support of his entire workforce has done a tremendous job over the years, enabling Champagne Henriot to shine among the exclusive circle of major Champagne Houses.”
The acquisition covers Champagne Henriot’s entire portfolio, from vineyards to commercial operations, including associated brands and distribution networks. The Group is committed to preserving the savoir-faire and experience at the heart of the company, and retaining the entire workforce at Champagne Henriot, including sales and administration teams in France and abroad.
The operation will see the Group secure around 144 hectares of vines, half of which located in prestigious Grands Crus and Premiers Crus vineyards, including almost 38 hectares retained either under property or long-term lease. Acquiring the Champagne House will also provide access to a significant inventory of premium wine stocks comprising several million bottles in the cellars.
Finally, taking over Les Aulnois, an additional residence and reception facilities in Pierry, will not only significantly enhance the visitor experience, particularly for the trade, but also galvanise and strengthen Champagne Henriot’s image among valued opinion leaders.
About Terroirs & Vignerons de Champagne
Terroirs & Vignerons de Champagne (TEVC) is the leading Champagne cooperative union comprising 82 cooperatives representing 6,000 growers across 2,750 hectares, best known as the Group behind the Nicolas Feuillatte brand, the leading brand by volume in France and third worldwide.
Established in 1972, the Union acquired the fifth oldest Champagne brand – Abelé 1757 – in 2019 and launched an ambitious premiumisation strategy.
Coming into effect on December 31, 2021, the merger with the Cooperative Régionale des Vins de Champagne, owner of Champagne Castelnau, and saw the two entities join forces under a new name: Terroirs et Vignerons de Champagne.
About Artemis Domaines
Artemis Domaines is behind some of the most prestigious wineries in France and the USA.
With the majority share owned by the Pinault family, and the remainder the Henriot family, Artemis Domaines owns a vast wine portfolio, including first-growth Chateau Latour in Pauillac; in Bourgogne: Clos du Tart, Morey-Saint-Denis, Domaine Eugénie, Vosne-Romanée, Bouchard Père & Fils, Beaune and William Fèvre, Chablis; Chateau Grillet in the Rhône Valley, Champagne Jacquesson in Dizy and in the USA, Eisele vineyard in the Napa Valley, California and Beaux Frères in Oregon.