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.