You are currently viewing the International Edition. You can also switch to the Hong Kong Edition.
Tuesday 21 October 2014

China’s largest local brand goes global

22nd February, 2013 by Patrick Schmitt

COFCO is planning to sell globally-sourced wine under its local wine brand Great Wall, as well as add to the group’s international investments with an Australian winery.

GreatWallWineBrand

Great Wall is China’s largest domestic wine brand with annual sales of 10 million cases

Speaking to the drinks business earlier this month, senior manager for COFCO Wines & Spirits, Shu Yu, said that the state-owned conglomerate is planning to release a range of imported wines under the Great Wall label – China’s largest local brand with sales of 10 million cases annually.

“We will announce that Great Wall is not only China, and we will make a French Great Wall, a Chilean Great Wall and an Australian Great Wall,” he said.

Continuing, he commented, “You will probably find these wines in the market next year… Great Wall will use global sourcing for the Chinese domestic market.”

COFCO currently has wineries in both France and Chile, having bought Château de Viaud in Lalande de Pomerol in February 2011 for €10m, and the sizeable Bisquertt Vineyard in Chile at the end of 2010 for US$18m.

While the conglomerate does not have any production facilities in Australia, Yu said this was something COFCO was looking to correct.

“I think our next step will be Australia,” he admitted, suggesting that the Barossa would be the preferred region for a vineyard purchase.

Following that, he said that investing in the US was also planned.

Explaining the strategy, he said that COFCO were looking to tap into the growth of imported wine in China, which is rising at 20% year-on-year according to customs data, alongside a continued rise in domestically-produced wines.

Aiding COFCO in its growing domestic and imported wine enterprise is renowned consultant Michel Rolland.

“Rolland is now consultant for all COFCO’s wines,” Yu commented, “and you will find a winemaker selection by Michel Rolland under the Château Sungod label from Great Wall.”

Founded in 1949, COFCO stands for China National Cereals, Oils and Foodstuffs Corp. The State-owned group is an importer and exporter of a grain, oil and food in China, as well as a major food manufacturer, wine and spirits producer, hotel operator, real estate owner and insurance provider. It is also the country’s biggest bottler and distributor of Coca Cola.

5 Responses to “China’s largest local brand goes global”

  1. Shu Yu,

    If you have an interest in a mature 100 planted acre Napa vineyard, we intend to sell this property this year, after owing and operating it for almost 40 years. Good yields, very good quality, and reasonable price. Please contact me if this would fit your long term strategy.

  2. Mr. Shu Yu,

    i’am Italian journalist, I deal with wine for 25 years, I was producer for over 10 years, are now international judge of wine competitions. Available to work with your organization in Italy and abroad!
    Thanks and best regards
    Roberto Gatti
    http://www.winetaste.it
    http://www.vinit.net
    http://www.giornalevinocibo.com
    email : rgatti1906@gmail.com

  3. James Chu says:

    Dear Yu,

    If COFCO is interesting in investing or acquiring
    existing Vineyards and wine brands in California,
    Or Australia, Plz contact me? I have quiet few
    potential sellers in those two areas!

    James

  4. Wow! This is amazing! I would love to give this a try.

  5. Gregory Knipe says:

    Where can I buy mail order Great Wall wine in UK ?

Leave a Reply

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

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>

If that's interesting, how about these?