Champagne house Gosset is to move its headquarters to newly-acquired premises in Epernay.
The company has bought a property previously owned by Chateau Malakoff, and the move will see the producer consolidate its operations from five sites down to two.
The new premises include full production facilities, with a 28,000hl fermentation room and 5km of cellars.
Chief executive officer Jean-Pierre Cointreau said: "The building is distinctive and impressive without being ostentatious.
"It will accommodate the administration team and, in time, part of the production.
"The cellars dug into the chalky soil of Champagne will enable us to age our prestige cuvées for eight to 10 years and we have cellaring space for up to 2 million bottles.
"Opportunities for an acquisition of this type are very rare and I am pleased to report that Gosset, while feeling the pinch like its fellow Champagne companies, is in a strong enough position to add this jewel to the company's crown."