Country for PR: United Kingdom
Contributor: PR Newswire Europe
Thursday, June 30 2022 - 09:55
PARIS and NEW YORK and SAN FRANCISCO, June 30, 2022 /PRNewswire-AsiaNet/ --

Moet Hennessy, the world leading luxury wines and spirits division of LVMH, is 
pleased to announce the addition of Joseph Phelps Vineyards to its portfolio. 
This acquisition follows Moet Hennessy's development strategy, which aims to 
satisfy its consumers and distribution partners' aspirations with an 
increasingly diversified and comprehensive portfolio, adding Houses with strong 
values of excellence, craftsmanship and heritage.

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Founded by Joseph Phelps in 1973, the Napa and Sonoma-based wine collection is 
one of the most respected and acclaimed in the United States. It has made its 
way to the best tables and cellars across the country, and its legendary 
Insignia, a Bordeaux-style Napa-grown blend, is considered one of the most 
sought-after and desirable fine wines in the world.

Moet Hennessy plans to build on the admirable legacy established by Joseph 
Phelps, his children and grandchildren, maintaining the shared values of 
quality, craftsmanship, entrepreneurship and a focus on sustainability.

After the closing of the acquisition, the entirety of the Joseph Phelps 
collection of exceptional Napa Valley and Sonoma Coast wines will be welcomed 
by Moet Hennessy's customers, alongside its outstanding multi-centennial 
Champagnes and its growing offer of exceptional still wines from Europe and the 
New World.

Philippe Schaus, Chairman and CEO of Moet Hennessy declares: "We are delighted 
and very proud to welcome Joseph Phelps Vineyards to our portfolio of luxury 
wines and spirits. Through the combination of the wonderful vineyards of Joseph 
Phelps, the unrivalled experience and excellence of the Joseph Phelps team, and 
the support of our global distribution organization and unique expertise with 
premium, family-owned brands, we will continue the wonderful journey initiated 
by the founder fifty years ago and pursued by his heirs today. Joseph Phelps 
has been to the Napa Valley what Nicolas Ruinart, Mrs Clicquot, Joseph Krug and 
Claude Moet were to the Champagne region, and likewise we will continue to 
develop this new House in the respect of the founder's heritage and vision."

The Phelps Family commented, "Our father founded Joseph Phelps Vineyards in 
1973 with a passion for innovation, an unwavering commitment to quality, and 
joie de vivre. Nearly 50 years later, we're proud to have grown from a 600-acre 
cattle ranch and early pioneer of the Napa Valley to a critically acclaimed and 
internationally known producer of iconic wines. As we plan for the next 50 
years, we believe that passing the care of this crown jewel of the Napa Valley 
and Sonoma Coast to Moet Hennessy will build on our family's legacy well into 
the future. During our discussions with Moet Hennessy, it was abundantly clear 
that they value and embrace all of our brilliant and dedicated team members 
and, most importantly, are committed to ensuring that our founding mission and 
values remain at the heart of Joseph Phelps Vineyards." 

About Joseph Phelps Vineyards

Joseph Phelps founded his namesake winery in 1973, and quickly established 
himself as a pioneer and creative visionary in the Napa Valley wine industry in 
its early days of development. A year later, he started producing Insignia, the 
red blend in the exclusive Bordeaux style of California. Since then, Insignia 
has been critically acclaimed for its iconic vintages, and four times rewarded 
with Robert Parker Wine Advocate's perfect 100-point scores for the 1991, 1997, 
2002 and 2007 vintages.

Joseph Phelps Vineyards consists of an estate recognized worldwide for the 
quality of all of its wines, with 200 hectares of its own vines spread over 
eleven vineyards in the Napa Valley and 30 hectares spread over two vineyards 
in Sonoma Valley. With a focus on innovation and commitment to excellence, 
Joseph Phelps Vineyards today is synonymous with best-in-class California 
winemaking and continues to embody the pioneering spirit and extraordinary 
legacy of its founder.

About Moet Hennessy

Moet Hennessy is the wines and spirits division of LVMH, which also holds 
renowned wine estates through "LVMH Vins d'Exceptions". Regrouping twenty-five 
Maisons, recognized internationally for the richness of their terroirs, the 
quality of their products and the craftsmanship with which they are created, 
Moet Hennessy has been committed for many years to its environmental and social 
program, Living Soils Living Together.  

Ao Yun, Arbeg, Armand de Brignac, Belvedere, Bodega Numanthia, Cape Mentelle, 
Chandon, Château d'Esclans, Château Galoupet, Cheval des Andes, Clos19, Cloudy 
Bay, Dom Perignon, Eminente, Glenmorangie, Hennessy, Krug, Mercier, Moet & 
Chandon, Newton, Ruinart, Terrazas de los Andes, Veuve Clicquot, Volcán de mi 
Tierra, Woodinville.

Moet Hennessy
Alain Lavital
Public Relations & Partnerships Director

SOURCE Moet Hennessy