Hongkong Funshare Life Group Share Limited has acquired «Les Domaines CGR», a 130 hectares Bordeaux Estate including 3 Cru Bourgois: Chateau La Cardonne, Château Ramafort and Chateau Griviere.
Funshare Life Group belongs to family Huang, who operates wine merchant activities and owns already a winery in Bordeaux area, as well as Yofoto Group in China.
Domaines CGR was formerly Lafite-Rothschild’s vineyard during nearly 40 years and the family Charloux took over the three domains in the 1990’s. More than 20 years passed by, family Huang is delighted to be able to continue to work on this broad and magical field, to pursue the same dream as all the vingerons, to make good wines.
The transaction is the largest acquisition to date of a French vineyard by a Chinese investor.
The transaction has received extensive media coverage.
B&A Investment Bankers acted as exclusive financial advisor to the seller.