Wine company Advini, owner of L'Avenir, Le Bonheur and majority shareholder in Ken Forrester Vineyards, has acquired a majority share in South African wine brand, Stellenbosch Vineyards for an undisclosed fee.

Antoine Moueix Properties, a subsidiary of the major French wine producer Advini, has announced the purchase of approximately 400 hectares of vineyards on both the right and left banks of Bordeaux.

AdVini, the major southern French wine producer, has bought a majority shareholding in Ken Forrester’s Forrester Vineyards in South Africa.

AdVini and its Bordeaux house, Antoine Moueix, based in Saint Emilion, have signed an exclusive distribution agreement with Domaines Lapalu, owners of the celebrated Médoc Cru Bourgeois, Château Patache d’Aux.