Domaine Lafage Acquires Struggling Banyuls and Collioure Wine Group
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Domaine Lafage Acquires Struggling Banyuls and Collioure Wine Group

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Domaine Lafage has stepped in to acquire the Collioure Banyuls Winegrowers' Group (GICB), a move that secures approximately 60% of wine production from the Banyuls and Collioure appellations in Roussillon, France. The acquisition establishes a new business entity named Terrasses Vermeilles.

The Collioure Banyuls Winegrowers’ Group (GICB) was facing difficulties, prompting Domaine Lafage to intervene and ensure the continuation of wine production within these historic regions. This rescue operation aims to stabilize the future of a significant portion of the area's viticultural output.

As a result of the acquisition, a new business, Terrasses Vermeilles, has been created. This entity will oversee the production and distribution of wines from around 60% of the Banyuls and Collioure appellations. The move is intended to preserve both the quality and heritage of these renowned wine-producing areas.

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