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Moet Hennessy Acquires Chinese White Spirits Company Stake

Aggregated Source: ChinaRetailNews.com
May 16, 2007|

Moët Hennessy, the wines and spirits business of LVMH, has announced the acquisition of a 55% equity investment in Wen Jun Distillery, one of China's premium white spirit companies. Jian Nanchun, the current owner of Wen Jun Distillery, will hold the remaining 45%. Moët Hennessy's strategy of developing premium wine and spirit brands now extends to the [...]

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