FRANCE/CHINA: Louis Roederer sells Château Bernadotte to Hong Kong group
Champagne Louis Roederer group has sold the Bordeaux wine producer Château Bernadotte to Hong Kong-based retail conglomerate King Power Group for an undisclosed sum.
King Power’s business interests include food & beverage, property leasing, manufacturing, sports, leisure and health services and a chain of Asian duty-free stores.
Champagne Louis Roederer acquired Château Bernadotte along with Château Pichon in 2007.
Named after a former marshal to Napoleon I and King of Sweden, Jean-Baptiste Jules Bernadotte, Château Bernadotte operates a large vineyard in the Haut-Medoc appellation of Bordeaux. The château produces around 200,000 bottles a year and holds the “Cru Bourgeois” recognition, the highest quality rating attainable by Médoc wines.
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