date:Mar 21, 2013
Clos Fourtet, a Bordeaux-based winery that produces Clos Fourtet wine from the Saint-Emilion appellation, is set to purchase three wine estates in the commune of Saint-Emilion.
The three properties to be purchased are 1.3ha Chateau Clos St Martin, 1ha Les Grands Murailles and 14ha Cote de Baleau. Though, the price of the transaction is not revealed, it is expected to be several million Euros per hectare, reported Decanter.com.
All the three vineyards are owned by Sophie Fourcade, who has been