LVMH buys Chateau du Galoupet.

LVMH, the largest luxury goods group in the world, agreed to buy Le Chateau du Galoupet, a winery in France’s Provence region dating back to the 17th Century, mainly producing rose wine. Financial terms were not disclosed. This deal would bolster LVMH's portfolio of top wines and spirits, such as Veuve Clicquot champagne and Hennessy Cognac.