Sazerac Buys Domaine Breuil de Segonzac Cognac
Sazerac, one of America’s oldest family owned, privately held distillers, has purchased Domaine Breuil de Segonzac Cognac located in the Grande Champagne region. The property is about 220 acres in size and the purchase includes the cognac distillery, organic vineyards and chateau-style mansion dating from 1870. “Given the roots of our company, we are very excited to add a cognac house to our family, especially one as historic and prestigious as this one,” said Mark Brown, CEO. Sadly, many small cognac houses have been sold to foreign buyers in recent years but usually from Asia. This American investment was inevitable given the recent rise in popularity of cognac in the US. Thankfully the CEO added “We intend to continue the proud heritage and preserve its authenticity and character.” We are always pleased to see small cognac houses, like Hermitage, remain successful.