Château Guiraud is a maker of Sauternes wine that is designated as “Premier Grand Cru” according to the 1855 classification. The 128-hectare estate contains 103 hectares of vineyards. Production levels vary depending on the vintage, but average 150,000 bottles of Sauternes per year including 100,000 bottles of premier cru wine, plus 200,000 of dry white wine. FFP and its partners are seeking to achieve the very best quality and are developing Château Guiraud’s commercial presence, particularly outside France, to support its wines’ reputation for excellence among leading international connoisseurs.
Stake in Château Guiraud
FFP invested in Château Guiraud alongside partners specialising in the wine sector. Together, they set up Financière Guiraud SAS, which in July 2006 acquired 100% of the shares in SCA Château Guiraud.
The FFP group (via wholly owned subsidiary FFP Invest) owns 74.9% of Financière Guiraud SAS.
FFP Invest, represented by Robert Peugeot, is chairman of Financière Guiraud SAS and a member of its Supervisory Board.
Château Guiraud joined forces with Nicolas Lascombes to open a restaurant in the château’s grounds in early 2018.
In financial terms, revenue rose 12% to €5 million in 2018, after increasing 15% to €4.4 million in 2017.
A hailstorm in July 2018 destroyed almost all of that year’s grape harvest, and so no 2018 Premier Cru wines will be bottled.