Araujo Estate Wines, producer of distinctive wines from the iconic Eisele Vineyard in Napa Valley, has been acquired by France’s Pinault family through its holding the Artémis Group, parent company of Château Latour in Bordeaux, Domaine d’Eugénie in Burgundy and Château Grillet in the Rhône Valley. The purchase includes the 38-acre Biodynamic and organically-farmed Eisele Vineyard, the winery and cave complex in northern Napa Valley, the Araujo Estate brand and existing inventory. The purchase price was not disclosed.

All North American staff, including the entire winemaking team, will remain with the estate under its new ownership. Bart and Daphne Araujo will stay in residence at Araujo Estate until January 2014 to assist in the transition.Founded in 1990 by Bart and Daphne Araujo, Araujo Estate is a 162-acre wine property located in northern Napa Valley