Cazes Family Takes Over Crushpad Bordeaux, Updates Clients

“In mid-April, the whole of Crushpad Bordeaux’s operating activities were taken over by a separate entity owned by the Cazes family of Chateau Lynch-Bages. The new entity (temporarily called CCW) is well-funded, guarantees the completion and availability of all your wines and, more importantly, the continued growth and development of our Bordeaux operation.”

That quote, above, is an important piece of news contained in an email Wine Industry Insight received from Stephen Bolger, CEO, Crushpad France and COO, Domaines Jean-Michel Cazes.

Both emails are reproduced completely, below, so as not to alter Bolger’s original tone or context.

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BACKGROUND

• Crushpad’s Dire Email To Investors Sheds More Light On Implosion
• Crushpad: Speak The Truth Or Shut Up!
• Crushpad California Closing?
• 04/26/12- -Crushpad Bordeaux to open at Lynch Bages
• 01/25/12 – Win Your Own Wine Brand in the Crushpad Club Challenge
• 08/02/11 – Crushpad Names Peter Ekman CEO
• 071511 – Crushpad Syndicate Brings Crowdfunding to Wine
• 06/21/11 – Crushpad Hires Architects to Design New Visitor Center
• 04/11/2011 – Crushpad moves to Sebastiani Winery In Sonoma, receives “major” funding from Bill Foley
• 09/14/10 – Crushpad Bordeaux bottles first