Moët to produce Chinese red wine
on 20/02/12 at 11:03 amWine
According to French magazine Challenges, the luxury drinks giant has signed a deal with VATS, China’s largest alcoholic drinks distributor, to develop 30 hectares of vineyard in the mountains of Yunnan province, south west China.
Located at 2,400 metres altitude, close to the Tibetan border, the property is expected to be producing wine for the Chinese market within four to five years.
This is not the first foray into China by Moët Hennessy. In 2007 the company acquired a majority stake in premium distiller Wen Jun, Sichuan province.