Louis Roederer sells Bordeaux property to HK group

Louis Roederer has sold one of its Bordeaux properties, Château Bernadotte, to the Hong Kong-based King Power Group.

Château Bernadotte: photo courtesy of The Wine Cellar Insider

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.

Speaking to the drinks business, Frédéric Rouzard, managing director of the Louis Roederer Group, said: “The decision to sell Bernadotte has been taken so that we can better concentrate on our other high end properties in Bordeaux: Château Pichon Longueville Comtesse de Lalande (classified second growth from Pauillac), Château de Pez and Haut Beauséjour (classified Cru Bourgeois exceptionnel and Cru Bourgeois in 2003), whereas for King Power, Bernadotte will be their only domain in Bordeaux.

“It is not impossible that we might be interested in acquiring other properties (in Bordeaux or elsewhere) but more in the ‘crus classés’ category”.

One Response to “Louis Roederer sells Bordeaux property to HK group”

  1. Paulo C Vellego says:

    One more for the road!

Leave a Reply

Your email address will not be published.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

Please note that comments are subject to our posting guidelines in accordance with the Defamation Act 2013. Posts containing swear words, discrimination, offensive language and libellous or defamatory comments will not be approved.

Subscribe to our newsletters

Retail Manager

Friarwood Fine Wines
SW London, UK

Assistant Manager

Seven Cellars
Brighton, UK

Key Account Manager

MMI Dubai
Dubai, UAE

Head of Supply Chain

Lanson International UK Ltd
London W1, UK

National Account Executive

Home Based working in Central Belt. Glasgow/Edinburgh, UK

Global Brand Manager - Ableforth’s (Bathtub Gin etc)

ATOM Supplies
Tunbridge Wells, UK

Trade Sales Manager

Wine Source Group
Central London, UK

Prowein 2018

18th Mar 2018

The City Wine Show

London,United Kingdom
13th Apr 2018

Prosecco Springs

London,United Kingdom
26th Apr 2018
Click to view more

The Global Rosé Masters 2018

Deadline : 19th March 2018

The Prosecco Masters 2018

Deadline : 19th March 2018

Click to view more

The Global Malbec Masters 2017

the drinks business is proud to announce the inaugural Global Malbec Masters 2017

The Global Sparkling Masters 2017

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

Click to view more