Treasury Wine Estates buys Chateau Cambon la Pelouse in Bordeaux


Penfolds buys a Chateau! Treasury Wine Estates(TWE) announced yesterday that they have just bought Chateau Cambon la Pelouse in the Medoc region of Bordeaux.This is the first acquisition in France for one of the largest premium wine producers in Australia, New Zealand and America. TWE used to be the wine division of Foster's beer. [...]