First Major Bordeaux Chateau Sells to Asian Investor is Big News!

(TheWineCellarInsider) - In breaking news, Chateau Bon Pasteur located in Pomerol is the first famous Bordeaux chateau of true stature to be sold to a Chinese citizen, Mr. Sutong Pan. I imagine it will not be the last. The deal, which was rumored to have taken place in December, 2012, took until the end of May, 2013 to be finalized. The deal was difficult to complete as Chateau Bon Pasteur belonged to more than one member of the Rolland family.

The purchaser, Sutong Pan is the CEO of Goldin Financial Holdings which is also known as Matsunichi Communications. Matsunichi was founded in 1993. Sutong Pan became CEO in 2002. This is not the first trophy wine purchase for Sutong Pan. He recently purchased the Cult Winery Sloan in Napa. Sloan produces Cabernet Sauvignon. Sloan was purchased for a record breaking forty million dollars! $40,000,000! It is expected that the winery will eventually be renamed Pan Estate, to honor the owner. His daughter, Jenny Pan is currently learning the ins and outs of wine making in California. Sutong Pan is a man of many interests. He is involved with horses and a myriad of other endeavors as well.