Bloomberg News

Moet Hennessy to Produce Red Wine in Southwest China

February 22, 2012

Feb. 22 (Bloomberg) -- Moet Hennessy, the wine and spirits division of LVMH Moet Hennessy Louis Vuitton SA, signed a joint venture accord with China’s VATS Group to build a winery in southwest China’s Yunnan province.

The winery aims “to offer Chinese consumers a premium quality red wine within four to five years,” Moet Hennessy Chief Executive Officer Christophe Navarre said in an e-mailed statement today.

To contact the editor responsible for this story: Steve Rhinds at srhinds@bloomberg.net


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