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Your email address will not be published.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

Administrative Assistant

Swig Wines Ltd
Chiswick, London, UK

HR Manager

Amathus Drinks PLC
London, UK

Beer Development Specialist

Matthew Clark
London, UK

Senior Sales Manager

Haynes Hanson & Clark
Gloucestershire, GB

Customer Services Administrator

Speciality Drinks Ltd
London, UK

National Business Development Manager

Speciality Drinks Group
London, UK

Inventory Analyst

Bibendum PLB
London, UK

Events Executive - Atom Supplies

ATOM Supplies Limited
London, UK

Off-Trade Sales Account Executive

Domaine Direct
Nationwide, working from a combination of home & London office.

Sales Executive/Brand Ambassador

Glenfarclas
Ballindalloch, Speyside, UK

Client Manager

Noble Rot
Wandsworth, London, GB

Spirits Investment Director

Stilnovisti
London, UK

Junior Brand Manager

Enotria Winecellars
Park Royal, London, UK

Content & Digital Assistant

ABVGlobal
London, UK

Sales Manager

Cellar Trends
London, UK

Champagne Masters 2017

Deadline : 7th July 2017

The Global Sparkling Masters 2017

Deadline : 10th July 2017

The Global Malbec Masters 2017

Deadline : 10th July 2017

The Global Syrah Masters 2017

Deadline : 18th July 2017

Click to view more

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.

Fortified Masters 2016

Now in its third year, The Fortified Masters will reward the best fortified wines on offer.

Click to view more