Louis Roederer sells Bordeaux property to HK group
Louis Roederer sells Bordeaux property to HK group
Dec 6, 2012 6
(TheDrinksBusiness) - Louis Roederer has sold one of its Bordeaux properties, Château Bernadotte, to the Hong Kong-based King Power Group.
The sale of the 40-hectare Crus Bourgeois estate was announced today (6 December).
The estate was purchased by Louis Roederer along with Pichon Longueville Comtesse de Lalande in 2007.
The King Power Group is a major operator in six core industries including food & beverages, property investment and leasing, sports, leisure and health services, brand development and retail services.
King Power also recently acquired retail network Agatha, bringing a vast portfolio of luxury brands into its control, including Dom Pérignon, Lafite, Courvoisier and Hennessy.
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