Endeavour Group Limited (ASX:EDV) signed an agreement to acquire Cape Mentelle Vineyards Ltd from LVMH Moët Hennessy - Louis Vuitton, Société Européenne (ENXTPA:MC) on January 11, 2023. Completion of the transaction will take place in due course, pending licensing approval. It will be business as usual for Cape Mentelle with key personnel to remain with the winery, including EstateDirector Penny Dickeson, Viticulturist Dave Moulton and recently appointed Senior Winemaker EloiseJarvis. Ernst & Young Strategy and Transactions Limited acted as financial advisor to Endeavour Group Limited.

Endeavour Group Limited (ASX:EDV) completed the acquisition of Cape Mentelle Vineyards Ltd from LVMH Moët Hennessy - Louis Vuitton, Société Européenne (ENXTPA:MC) on May 23, 2023.