Louis Roederer Enters Exclusive Talks to Acquire Burgundy’s Domaine Pierre Damoy

Louis Roederer, the well-known Champagne house based in Reims, announced on Thursday that it has entered exclusive negotiations to acquire Domaine Pierre Damoy, a respected wine estate located in Gevrey-Chambertin in Burgundy. The announcement was made through an official statement from the company.

Domaine Pierre Damoy is recognized for its nearly eight hectares of grand cru vineyards, mainly situated in the Chambertin, Chambertin-Clos de Bèze, and Chapelle Chambertin appellations within the Côte de Nuits. These vineyards are among the most prestigious in Burgundy, known for producing some of the world’s most sought-after Pinot Noir wines.

Founded in 1776, Louis Roederer currently manages 250 hectares of vineyards, with 135 hectares certified organic. Over recent years, the company has pursued a strategy of diversification beyond Champagne. This potential acquisition aligns with Roederer’s goal to bring together exceptional wines and estates from some of the world’s greatest wine regions under its umbrella.

Roederer Collection is the name given to the group’s portfolio of wine properties and related activities. It currently includes 12 wine estates, three distribution subsidiaries, a wine trading house, as well as luxury hotels and guesthouses. The addition of Domaine Pierre Damoy would further strengthen Roederer’s presence in Burgundy and expand its reach into one of France’s most celebrated wine regions.

The completion of the acquisition remains subject to final agreements and customary conditions. The financial terms of the transaction have not been disclosed. If finalized, this move would mark another significant step in Louis Roederer’s ongoing expansion into high-profile vineyard holdings outside its traditional Champagne base.