Krug is owned by LVMH (France, EPA: MC), which acquired the brand on 1 January 1999.[1][2] Krug was founded in 1843 in Reims and was independent until 1999.
This ownership is reported in official statements but has not yet been matched to a regulatory filing.
Krug makes only prestige champagne, with no entry-level bottling at all, and ferments every plot separately in small oak casks before blending. LVMH acquired it in 1999. LVMH owns it, and the house numbers each release so buyers can look up which harvests went into the blend, which no other major champagne producer does.
LVMH acquired Krug, a champagne house that makes only prestige cuvees with no entry-level bottling at all, fermenting every plot separately in small oak casks before blending. Only the year is documented here and the price was not disclosed.