Tom Sullivan invests in three chateaux

Friday December 02 2016 by Vitisphere

On October 25, real estate agent Maxwell-Baynes Vignobles – exclusive affiliate to Christie’s International Real Estate – registered the sale of Chateaux Gaby (17.5 hectares in the Canon Fronsac appellation) and Moya (8.2 ha in AOC Côtes de Bordeaux Castillon). Both properties were bought ten years ago by the Canadian David Curl, one of whose achievements was to convert them to organic. The conversion was what attracted the American billionaire Tom Sullivan, who bought both. Damien Landouar, who will stay on as operations director, said in a press statement: “Tom Sullivan and myself share the same passion for wine and for organic farming. He has been enjoying organic foods since the age of twenty and feels that American consumers are becoming increasingly interested in them”.

In buying the properties, Tom Sullivan is mainly targeting the North American market and is due to announce investments in his new estates. After buying Château du Parc, the 5.25 ha estate in Saint-Emilion formerly belonging to Dr Alain Raynaud, he has said he would like to buy more properties.

David Curl continues to own South African estate Moya Meake in the Cape of Good Hope.

 

[ Source: Vitisphere. Photo: Maxwell-Baynes ]

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