France’s Artemis Group has acquired Araujo Estate Wines.
Calistoga, Calif.-based Araujo produces wines from the Eisele Vineyard in Napa Valley, Calif. The company was founded by Bart and Daphne Araujo and produces Cabernet Sauvignon. Terms of the deal were not disclosed.
Artemis is the parent company of Chateau Latour in Bordeaux, Domaine d’Eugenie in Burgundy and Chateau Grillet in the Rhone Valley.