Plaisir de Merle sold
By Christian Eedes, 16 December 2020
After 45 years of corporate ownership by producer-wholesaler Distell, the Simonsberg-Paarl property Plaisir de Merle has been sold to the Jordaan family of Bartinney Wine Estate in the neighbouring Banhoek Valley (Michael Jordaan is the former CEO of First National Bank and now head of investment vehicle Montegray Capital).
Plaisir de Merle was originally granted to Huguenot Charles Marais in 1693. Today, it is a 961ha in size with some 400ha under vineyard and a 1000-tonne capacity cellar. It rose to prominence in the 1990s when the late Paul Pontallier of Chateau Margaux became involved as a consultant.
The Jordaans will take ownership on the 1 April 2021.
The main farm of nearby Backsberg was also sold recently – see here.