Chinese buys first Bordeaux classed growth

27th September, 2012 by Gabriel Stone

Château Bellefont-Belcier has become the first Bordeaux classed growth to be sold to a Chinese buyer.

Château Bellefont-Belcier

The 13-hectare St-Emilion grand cru estate is understood to have been bought by a Chinese industrialist who, according to French newspaper Sud-Ouest, employs 20,000 workers across his metal business empire.

This high profile acquisition is thought be part of the buyer’s diversification into wine, which he could potentially sell through his 40-strong chain of retail outlets in China.

Established in the 17th century, since 1994 the property in the commune of St Laurent-des-Combes has been co-owned by Jacques Berrebi, Alain Laguillaumie and Dominique Hébrand, one-time proprietor of Château Cheval Blanc. Prior to this recent exchange, it is reported to have been on the market for several years.

Although the details of the deal have not been disclosed, a classified estate in the St-Emilion appellation would expect to sell for between €1 million and €2m per hectare.

While Bellefont-Belcier is the first classed growth Bordeaux property to pass into Chinese hands, around 40 Bordeaux estates – mostly in appellations such as Entre-Deux-Mers, Côtes de Bordeaux and Côtes de Bourg – are now thought to have Chinese owners.

2 Responses to “Chinese buys first Bordeaux classed growth”

  1. Lee says:

    say good bye to French wines..better stock up..what a bunch of snivelling whining sellouts the French Vineyard owners are…

  2. DOMINIC J WALSH says:

    The pampered hedonistic French are kowtowing to the Chinese and selling off their history and tradition for a few gold coins. The Chinese industrialists most of them made up of vulgar, ostentatious peasants care very little about wine and its historical importance to the European, but rather the status and cache that it carries amongst the nouveau riche that has hatched out in the so-called booming economy of China. If everything is so great in China why are so many of them hanging out in the Occident?

Leave a Reply

Your email address will not be published. Required fields are marked *

Subscribe to our newsletters

Job vacancies

Staff Writer – The Drinks Business

The Drinks Business
London, UK

On-Trade Regional Sales Manager

Anthony Byrne Fine Wines
London and the South East, UK

Commercial Director

The Drinks Business Hong Kong
Hong Kong

Key Accounts Manager - Impulse Channel

Australian Vintage Limited
Croydon, Greater London, United Kingdom, UK

Sales Support Assistant

H2Vin Ltd
London, UK

Sales Administrator

Les Caves de Pyrène
Guildford, Surrey

Sales Order Processor

Amathus Drinks
Park Royal, London NW10, UK

Sales Executive (London – Craft Spirits)

Bimber Distillery
London, UK

Events & PR Co-ordinator

Alliance Wine
London, UK

Partner Development Manager - That Boutique-y Gin Company

That Boutique-y Gin Company
Field Based, UK

Head of Merchant Sales

Grapevine the Wineservice Company
Cumbria, UK

Business Development Manager – Central London

Marussia Beverages UK Ltd
Field based – London, UK

Account Manager – Premium Restaurants, London

Kingfisher Beer Europe Ltd
London (Central), UK

Field Sales Representative - Beer Innovation

Elastic
Various locations, UK

Events Executive

The Drinks Business
London, UK

The Global Beer Masters 2017

Deadline : 1st August 2017

Champagne Masters 2017

Deadline : 4th August 2017

Global Chardonnay Masters 2017

Deadline : 10th August 2017

The Global Riesling Masters 2017

Deadline : 10th August 2017

Click to view more

The Global Organic Masters 2017

The drinks business is thrilled to announce the launch of The Global Organic Masters

The Drinks Business Awards 2017

Now in its 15th year, the db awards have become the most authoritative, internationally respected badge of achievement in the alcoholic drinks industry.

The Asian Cabernet Sauvignon Masters 2017

the drinks business Hong Kong announces its first year of The Asian Cabernet Sauvignon Masters.

Rioja Masters 2016

Now in its fifth year, the competition will recognise and reward the finest Riojas on the world stage.

Click to view more