Business

St Supery Buys Rudd Estate in Oakville Vineyard Deal

St Supery buys Rudd Estate and Crossroads brand, adding 65 Oakville acres to Chanel's Napa holdings in a deal announced today.

Chanel's St. Supéry Buys Rudd Estate in Napa Valley Expansion
Chanel's St. Supéry Buys Rudd Estate in Napa Valley Expansion

said today that it has acquired Oakville’s and the brand, adding a 65-acre property with 47 acres of grapevines to Chanel’s Napa Valley holdings. The price was not disclosed.

The purchase gives Chanel a second property in Napa Valley, alongside St. Supéry Estate Vineyards and Winery in Rutherford. For St. Supéry chief executive , the deal closes a search that began years ago. “We had been searching for exceptional vineyards since 2015,” she said, adding that the company “looked at a lot of vineyards and a lot of opportunities” before deciding the fit was right for its portfolio and its wines.

St. Supéry was founded in 1982 by third-generation French vintner and has been owned by since 2015. Chanel Group, a privately owned luxury company headquartered in London and controlled by the Wertheimer family, has been building out a wine portfolio that reaches beyond Napa to Bordeaux and Provence, along with a Bordeaux négociant and a European retailer.

Rudd Estate carries a different family story. bought Napa’s Girard winery in 1996 and turned it into Rudd Oakville Estate, which took over in 2016. Before his death in 2018, Leslie Rudd told her she would have to meet financial benchmarks within five years to keep the winery, and she said she beat those targets in less than two years. “This business was hard for him to let go of. It's the only thing he put his name on,” she said.

The transaction also folds in a property whose estate vineyards were planted exclusively to red Bordeaux varieties, while St. Supéry continues to make Sauvignon Blanc and red wines from its Dollarhide vineyard and Rutherford parcels. Swain said the company sees the acquisition as a strong fit, and the deal deepens Chanel’s presence in one of California’s most closely watched wine regions.

Share this article Tweet Facebook
Mariana Islands braces as Super Typhoon Sinlaku surges toward U.S. territory
Read Next →