Allen & Overy advises Gaylon Lawrence on the acquisition of Château Lascombes
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14 November 2022
Allen & Overy has advised Gaylon Lawrence on the acquisition of Château Lascombes, Second Grand Cru Classé of the Margaux appellation, from the MACSF group (Mutuelle d’Assurance du Corps de Santé Français), which continues to be involved as a minority partner.
Historically significantly present in the agricultural sector with more than 46,000 hectares of cultivable land, Gaylon Lawrence has assembled a significant portfolio in the wine industry in California since 2018, with the successive purchases of Heitz Cellar then several major appellations of the Napa Valley whose management was entrusted to his company Lawrence Wine Estates, managed by Master Sommelier Carlton McCoy.
The Château Lascombes vineyard covers 120 hectares in the Margaux appellation, as well as 10 hectares in the Haut-Médoc appellation. Today, it is one of the largest vineyards among the classified growths of 1855, with an average annual production of 300,000 bottles.
The Allen & Overy team in Paris was led by partner Alexandre Ancel and counsel Anne-Caroline Payelle, with senior associate Julie Parent and associate Gaëtan Le Bris on corporate aspects.
The team also included partner Romaric Lazerges, counsel Arthur Sauzay and associate Charles-Hugo Lerebour on regulatory aspects, associate Noémie Bomble on contracts aspects, associate Camille Wattrelos on employment aspects, as well as senior consultant Marianne Delassaussée on intellectual property aspects.