Fidal alongside the MACSF

Fidal’s teams in Paris advised MACSF, which sold Château Lascombes, a second Grand Cru Classé Margaux, to the American group Gaylon Lawrence, while remaining a minority shareholder in the holding company.

The Château Lascombes vineyard covers 120 hectares of vines in the Margaux appellation, as well as 10 hectares in the Haut-Médoc appellation. It is one of the largest vineyards of the Crus Classés of 1855 and produces an average of 300,000 bottles per year.

MACSF had acquired this vineyard in 2011 from Colony Capital.

Historically very present in the agricultural sector with more than 46,000 hectares of cultivable land, Gaylon Lawrence extended to the wine domain from 2018 in California, with the successive takeovers of Heitz Cellar and then several major Napa Valley appellations, including management was entrusted to his company Lawrence Wine Estates, run by sommelier Carlton McCoy.

Fidal acted in this transaction as counsel to MACSF.

The team was led by Philippe Chevrier and Benoit Creis, partner lawyers, with Jean-Baptiste de Varax, lawyer on corporate aspects and Laurent Leclercq, partner lawyer and Charles Raspail, lawyer, on tax aspects.

The MACSF group was also advised by the Office Notarial de la Madeleine (ONM) with Maître Jean-François Dumetz.

The Gaylon Lawrence group was advised by Allen & Overy on the legal aspects and PWC on the tax aspects.

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