- Luxury goods conglomerate LVMH recently purchased a majority stake in Château Minuty, a top producer of French rosé wine.
- LVMH, which owns Moët Hennessy, is adding to an impressive portfolio of luxury wines and liquors.
- The acquisition should enable broader international purchases from global consumers and investors.
Moët Henessey, owned by LVMH, have announced its recent acquisition of luxury rosé producer Château Minuty.
This is great news for customers looking to purchase top-of-the-range wines from abroad, as the consolidation of luxury wine producers is helping these brands reach customers worldwide.
It highlights the need for reliable methods of money transfers to facilitate the purchase of luxury goods, such as wine, from abroad.
Investment portfolios that include popular wines are also showing fantastic growth.
Investing in producers of quality wine while maintaining the integrity and rich heritage of the producer is something that LVMH has dedicated itself to pursuing.
In the case of the acquisition of Château Minuty, the Matton family will continue to manage the estate and keep a vested interest. This arrangement gives the brand a fresh influx of capital without changing the brand that loyal customers know and love.
Investing in luxury goods has proven to be a smart choice in the global market and through innovative international money transfer options, consumers now find purchasing high-end products more accessible than ever.
However, investors in wine and luxury goods always need to be ready to move money quickly in order to close a deal as soon as they see a good opportunity. A fast money transfer with low fees offers the best option for making a sound purchase.
To purchase and invest in luxury goods from abroad, you must compare the best ways to transfer funds safely and cost-effectively. Check out our money transfer reviews to find the best transfer options available.
