Chinese investments: Dominique Méneret parts with his Bordeaux estate

Sunday July 24 2016 by Vitisphere

Domaine de Courteillac, a 28.4-hectare estate in the Bordeaux Supérieur appellation owned by retired shipper Dominique Méneret has been sold to Daohe Wines & Spirits. Staying on in an advisory role, Dominique Méneret will help the Chinese company from Canton in Guangzhou province during the change-over period. According to a press statement, apart from ownership and management, there will be few other changes. Stéphane Dubes, owner of Château La Rose Monturon (Saint-Emilion) and also brother-in-law of Stephan Asseo whom Dominique Méneret bought Domaine de Courteillac from in 1998, stays on as technical manager. Dominique Méneret partnered with Stephan Asseo to create Aventure Winery in Paso Robles, California. The property will also continue to be supervised by Frédéric Massié (Derenoncourt Consultants) and distributed in France by Domaines Meneret-Audy. Exports to regions such as the US and Benelux countries account for 60% of the estate’s sales.

Source: Vitisphere. Photo: Marie-Claude Audy and Dominique Méneret (Domaine de Courteillac).

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