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Chateau Richelieu in Bordeaux/Fronsac sold to Chinese luxury store chain

>> Friday, July 31, 2009

Chateau Richelieu is in Fronsac, a sub-region of Bordeaux. A few years back it was acquired by Arjen Pen, a Dutch entrepreneur, together with a group of investors/co-owners. They have spent a lot of effort on renovating the 12 ha vineyard and the chateau, and to market the wine internationally. We don’t know if they ran out of money or enthusiasm or if they had an offer that was too good to refuse but the property have been sold to a Chinese holding company called A&A International. The company is involved in the luxury sector in China and, according to reports, the plans are to sell the wine exclusively in their own shops in China. More info


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