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Acquisition of Joseph Phelps Vineyards

Representation of Moët Hennessy, a division of LVMH Moët Hennessy Louis Vuitton SE, in its acquisition of Joseph Phelps Vineyards, a nearly five-decade-old producer of fine wines from Napa Valley and, more recently, the Sonoma Coast. The deal included 530 acres (215 hectares) of vineyards, including 429 acres (174 hectares) in nine Napa Valley estates and 99 acres (40 hectares) in two estates around the Freestone winery on the Sonoma Coast.

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