Luc Thienpont has completed the sale of majority stake in two wine growing properties that are located in Médoc, France to China-based Liaoning Energy Investment.
Liaoning Energy Investment is a principal investment firm specializing in energy sources, environment protection, and low carbon economy sectors. It seeks to invest in solar energy, thermal energy, new energy and developing wind energy.
The two properties include Clos des Quatre Vents in Margaux and Château Bonneau in Haut, The Drinks Business reported.
This sale will not influence Luc Thienpont's négociant business SARL Thienpont.
Meanwhile, Thienpont will continue to serve as co-director for Clos des Quatres Vents for around two years, as well as owns the Cave des Quatre Vents wine shop in the village of Margaux.
