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Château Dauzac in Bordeaux sold
Bordeaux fifth growth Château Dauzac has been sold to French businessman Christian Rolleau.
The Margaux property has been owned by French insurance group MAIF for 30 years but rumours have been swirling for a while now that the estate was up for sale.
Dauzac is a fifth growth with a 120 hectare estate, including 49ha of vineyards in Margaux and a small 2ha plot in Haut-Médoc.
As reported by Vitisphere, MAIF chose to accept the offer of Breton businessman Rolleau who owns SAMSIC, a huge corporation with over 80,000 employees which offers services from cleaning to security.
The financial details of the sale have not been made public but could be in the region of €120 million. The sale is expected to be finished by the summer.
MAIF has invested heavily in the property in recent years, including a reported €7m on a new vat room while it has also switched to biodynamic farming as well.