Winebusiness.com - Homepage for the Wine Industry

CITIC Group To Sell Its Stake In Lafite's Chinese Winery

November 28, 2017

Ahead of Lafite's pending release of its first Chinese wine made in China's eastern Shandodng province, CITIC Group, Domaines Barons de Rothschild's partner in the Chinese project, is selling all of its 30% stake in the winery for RMB 32.56 million (US$4.93 million)