Bernard Magrez, November 30, 2021, in Paris. François BOUCHON/Le Figaro
The man with forty vineyards is looking for 200 to 300 million euros to expand in France and abroad. At 87, he is also preparing his succession.
“Banks have always trusted me, which has allowed me to develop. But today, taking the next step, in France and abroad, requires a financial partner.” If he built his success on his certain taste for playing with traditions, Bernard Magrez had never varied on one point: the entrepreneur, who in forty years has become a key figure in Bordeaux, has never kept his will to remain sole master aboard an empire of 38 vineyards, spread all over the world. Until remaining, sixty-two years after its debut in port and spirits, 100% owner of its group.
But like the tastes of consumers, whose changes he has always sensed a step ahead, the time has come for change in one of the finest entrepreneurial adventures in the world of wine. While his 87 years have in no way dented his desire to continue the expansion of his group, Bernard Magrez says he is now ready to open up his capital. «Pour…
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