21 May 2013
21 May 2013: Gide advises Kweichow Moutai on the acquisition of Château Loudenne
Gide Loyrette Nouel has advised Kweichow Moutai, China's leading distillery, traded on the Shanghai stock exchange, on the acquisition of Château Loudenne, a winery in Saint-Yzans-de-Médoc owned since 2000 by the Lafragette family. The 132-hectare (326-acre) estate, 62 hectares (153 acres) of which benefit from the AOC Médoc appellation, is situated on the banks of the Gironde estuary and produces, in particular, the Château Loudenne red, the Médoc Cru Bourgeois Supérieur and the Hippocampus Cuvée Spéciale. It employs a staff of around 20 and produces 300,000 bottles per year.
Legal counsel to Kweichow Moutai:
Kweichow Moutai's notary: Firm of Mr Degos (Libourne)
Legal counsel to the Lafragette family: Landwell: Bruno Thomas and Patricia Emeriau
The Lafragette family's notary: Firm of Mr Glaudet (Angoulême)