Bordeaux: The Huiyuan group completes its collection with Château de Brondeau

Saturday December 24 2016 by Vitisphere

The group Huiyuan Juice has bought Château de Brondeau from the Vuille family. According to the couple, who jumped at the opportunity to sell their property and enjoy their retirement, the estate includes 8 unbroken hectares of Merlot classed as AOC Bordeaux Supérieur and a 1,500-hectolitre-capacity winery. Château de Brondeau is the latest in a long series of acquisitions by Huiyuan, commented Chinese website Wine Business Observation. Neither the new owners or the other estates bought by Huiyuan were available for comment.

Since 2014, the Chinese group has clinched no fewer than seven deals in the Bordeaux wine region and a further four are reported to be in the final stages. The Asian investor is said to be targeting a classified growth, either in the Medoc or Saint-Emilion, to complete its wine portfolio. English website The Drinks Business summed up the acquisition trail as “Chinese juice company quietly snaps up 11 Bordeaux wineries”.

The group has also invested in Chinese properties, in the province of Jilin since 2012 and more recently in Shandong, bringing its total production up to 3 million bottles a year, reports WBO – 2 million of these are bound for the Chinese market.

 

[ Source: Vitisphere. Photo: Château de Brondeau ]

LEAVE A COMMENT

Copy the code :
Processing
© Vitisphere 2020 - Tout droit réservé