Three major Beaujolais producers have made a joint investment companionship to buy vineyards in Beaujolais and Beaujolais Villages to guard against the 'worrying loss of vines in the province'.
BCD Développement is a joint project by Boisset Family Wines, Les Vins Georges Duboeuf and Le Cellier de Saint Etienne cooperative.‘The surface area of vines in Beaujolais and Beaujolais villages has dropped by 38% over the past 10 years,’ Grégory Large, president of the newly-formed BCD Développement, told decanter.com. ‘This is a worrying loss of vines caused by a combination of urban sprawl from the city of Lyon and a decade of economic difficulties for local winemakers’.The stated aim of the new investment companionship is to ‘ensure the long-term future of the 240 producers of the cooperative cellar’. It will operate by buying up vineyards, mainly from producers who are looking to retire and can not currently find buyers. Bought vineyards will be below contract to http://1000-facts-about-wine.com Le Cellier de Saint Etienne, with minimum fee and quantity contracts for the grapes cast iron for five years from négociants Boisset and Duboeuf. Le Cellier de Saint Etienne currently buys grapes from 415ha of vines.‘The average age of winemakers in the province is 55, and many of them expect to pull up their vines if they can not find buyers,’ said Large. ‘The hope is that with this new companionship, we can encourage young winemakers to rent vineyards with a guarantee of future income. 'The quality and reputation of Beaujolais wines has begun to see real recognition both in France and export markets, and we hope that by offering security to new entrants, we can build on this.’The deal might raise concerns amongst some in the province about the extent of consolidation. But, Anne-Victoire Monrozier, an independent Beaujolais producer who bottles below the brand Miss Vicky Wine, said the deal is potentially of subsidy to additional small producers. ‘The most vital is that negociants make a excellent wine at http://1000-facts-about-wine.com a honest fee to push the province’s notoriety up. It’s through them that most consumers get to know Beaujolais.'Dubouef and Boisset are not investors frankly in the cooperative cellar, but are shareholders in the property companionship.