
AFTER 33 years in French hands the distinguished Margaret River Cape Mentelle brand has returned to Australian ownership in what is believed to be a $20 million takeover.
The buyer is the ASX-listed Endeavour Group and the seller France's Louis Vuitton Moet Hennessy (LVMH) corporation, which has a portfolio that includes Domaine Chandon sparkling wine operation in the Yarra Valley, New Zealand's Cloudy Bay and the French Moet and Chandon, Champagne Krug, Veuve Clicquot, Chateau d'Yquem and Chateau Cheval Blanc brands.