Patrick David sells Château Bel-Air in Castillon Côtes de Bordeaux to a Chinese group

Thursday February 16 2017 by Vitisphere

Domaine Bel-Air in the Castillon Côtes de Bordeaux appellation area has been bought by Chinese food group Golden Field. The 55-hectare property had belonged to Patrick David since 1993. The estate’s 400,000-bottle production was sold under the Château Bel-Air label. “Owning our own vineyard in Bordeaux is an exciting new step for us”, said Lu Cheng-Chang, chairman of Golden Field, in a press statement. “Although we are planning to continue working with the same distribution channels, we will also be exporting to capitalise on the Asian networks we have developed”.

Domaine Bel-Air’s wines will supply the 4,000 restaurants and convenience stores owned by the group in Asia, as well as an online sales platform, Fields, which boasts 30 million users and delivers products to 200 Chinese towns and cities. The Chinese multinational is “specialised in wellness foods in Shanghai, Beijing, Taiwan and France”, stated a press release by real estate agents Maxwell-Baynes Vineyards which finalised the purchase.

 

[ Source: Vitisphere. Photo: Maxwell-Baynes Vineyards ]

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