Industry News

Esprit du Vin to Merge Pasternak Wine Imports Into Its Portfolio

National U.S. importer Esprit du Vin Fine Wine Merchants (EDV) has announced an agreement whereby the company will acquire the strategic assets of Pasternak Wine Imports from the current owner, Domaines Barons de Rothschild (Lafite). Effective January 1, 2017 the Pasternak portfolio – comprised of premium, terroir-driven wines from France, Spain, Italy, Argentina, Chile, New Zealand and California – will be merged into the existing EDV portfolio. This will bring synergies including exclusive U.S. import rights for the entire range of wines from Domaines Barons de Rothschild (DBR), as well as access to First Growth Bordeaux Chateau Lafite Rothschild.

Esprit du Vin, a Taub Family company, was established in 2010 with the mission of importing a selection of highly regarded French estates and châteaux on a national basis, beginning with founding producers such as Maison F.E. Trimbach, Ch. Greysac, Domaines Paul Mas, Domaine Bertagna, Domaine Antonin Guyon and Ch. de la Chaize. In recent years, the EDV portfolio has expanded beyond France to include outstanding properties in key wine regions around the globe. The Taub family also owns leading wine and spirits importer Palm Bay International.

The sale of the Pasternak strategic assets to Esprit du Vin will enable current owner Domaines Barons de Rothschild (Lafite) to focus its energy exclusively on being a producer and supplier, while transitioning U.S. import operations to a seasoned and trusted partner.

Marc D. Taub, President & CEO of Esprit du Vin, said, “I am thrilled that Christophe Salin, President & CEO of Domaines Barons de Rothschild (Lafite), will be working side-by-side with us as an invaluable partner and strategic advisor. I have great respect and admiration for Christophe and his team, who share a mindset aligned with our own and seamlessly combine sharp business acumen with an energetic and infectious passion for fine wine. Further, the Pasternak company ethos is very much in line with that of the Taub Family companies: a focus on unique wines that express a sense of place, made by family-oriented producers.”

Reflecting on why Esprit du Vin is an ideal fit for the Pasternak portfolio, Christophe Salin remarked, “Like the Taub family, the Rothschild family has been integrally involved in the fine wine business for generations. In fact, our chairman Baron Eric de Rothschild is the 5th generation at the helm of DBR (Lafite). The Taub and Rothschild families share many parallels in terms of values, philosophy and approach to business, and we are confident that we will be highly successful moving forward together.”

About Esprit du Vin Fine Wine Merchants

Esprit du Vin (EDV) Fine Wine Merchants, a Taub family company, is proud to import an exceptional portfolio of fine wines from some of the world’s most highly regarded appellations. In addition to EDV’s collection of top-rated French chateaux and domaines, the portfolio includes outstanding properties from classic regions in Germany, Italy and Spain. For more visit www.edvwines.com.

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