Moët et Chandon is a French winery famous for its champagnes. It is also co-owner of the luxury goods company Moët-Hennessy. It was founded in 1743 by wine trader Claude Moët, who beganshipping his wine from the Champagne region to King Louis XV in Paris. In the late 18th Century, the winery teamed up with Benedictine monk Dom Perignon who had created the special double fermentation process for creating champagne. Today, the company produces around 26 million bottles of champagne a year. In 1970, Moet bought the fashion house Christian Dior – the first of its luxury brand acquisitions. A year later it merged with the cognac producer Jas Hennessy & Co. to create Moët-Hennessy. The group then merged with Louis Vuitton to form the LVMH Group, which contains over 60 prestigious brands.