久久亚洲国产成人影院-久久亚洲国产的中文-久久亚洲国产高清-久久亚洲国产精品-亚洲图片偷拍自拍-亚洲图色视频

US EUROPE AFRICA ASIA 中文
Business / Companies

Changyu snaps up Spanish wine firm

By Shi Jing and Ju Chuanjiang (China Daily) Updated: 2015-09-23 07:23

Changyu snaps up Spanish wine firm

Yantai Changyu Pioneer Wine Co Ltd, a leading Chinese wine producer, has stepped up its overseas moves with the acquisition of Marques del Atrio, a wine company in Spain.

Changyu, which has more than 100 years of history, was established in 1892 by Chinese diplomat Zhang Bishi. Since then, it has made its presence felt at several international exhibitions.

Marques del Atrio products have been sold to more than 40 countries, with overseas revenue accounting for about 55 percent of its total revenue. The Spanish wine company also has close ties with leading global retailers like Carrefour SA and Tesco Plc.

The acquisition follows Changyu's takeover of France-based Roullet-Fransac Cognac in 2013. According to Zhou Hongjiang, general manager of Changyu, the acquisition will further Changyu's globalization strategy. He, however, did not disclose any details on the acquisition price or other terms of the deal.

Responding to questions that Marques del Atrio takes up less than 1 percent of the wine market share in China, Zhou said Changyu will try to change this by introducing more Spanish wine products that are popular in Europe and North America.

"Changyu should possess a number of world famous brands if it wants to become a top-rated winery in the world. Excellent grape-growing regions are not easily available anywhere in the world right now. Changyu must invest more to acquire such resources. Only by having a well-stocked global wine portfolio can the company effectively compete with its peers. They are also important from a long-term growth perspective," said Zhou.

Yan Wei, a senior analyst at Shanghai-based Guotai Junan Securities Co, estimated that Changyu's overseas annual capacity will reach 20,000 tons once the Spanish acquisition is complete.

Holding a global vision and seeking more cooperation in the international market have been the new targets for Changyu in recent years. Five imported wine divisions have been set up in Yantai-Changyu's headquarters-earlier this year to take charge of the investments in the five major wine regions, including France, Spain, Italy, Australia and the United States.

The total volume of imported wine was up 44 percent year-on-year in China during the first seven months of 2015, while the average prices dropped 16.4 percent, according to statistics provided by Shenzhen-based Ping An Securities Co. As the inventory of imported wines accumulated in 2013 and 2014, has been gradually digested, imported wines are expected to see another surge in the next few months, resulting in another increase in prices.

Previous Page 1 2 Next Page

Hot Topics

Editor's Picks
...
主站蜘蛛池模板: 成人国产精品免费软件 | 99久久精品国产一区二区 | 中日韩美中文字幕 | 亚洲精品一区二区在线观看 | 国内免费自拍视频 | 手机国产精品一区二区 | 高清韩国a级特黄毛片 | 一区二区三区四区在线 | 超级乱淫视频aⅴ播放视频 超级碰碰碰在线观看 | 午夜视频一区二区三区 | 玖草在线| 贵州美女一级纯黄大片 | 美日韩一级 | 男女男在线精品网站免费观看 | 99久久99视频 | 欧美日韩在线永久免费播放 | 国产一区二区三区高清视频 | 黄色美女视频网站 | 亚洲综合在线另类色区奇米 | 丰满寡妇一级毛片 | 91免费高清视频 | xxxxbbbb国产精品 | 成人精品视频网站 | 爱呦视频在线播放网址 | 精品国产_亚洲人成在线高清 | 在线观看精品视频一区二区三区 | 我要看欧美精品一级毛片 | 国产三级免费观看 | 97国内免费久久久久久久久久 | 亚洲一区二区三区在线播放 | 成人三级做爰在线视频 | 成人男女网18免费0 成人男女网18免费看 | 精品一久久香蕉国产线看观 | 亚洲国产激情在线一区 | 日韩一级片在线观看 | 久草视频在线免费看 | 成人免费观看永久24小时 | 欧美一级毛片怡红院 | baby在线观看免费观看 | 日本一级高清片免费 | 免费毛片全部不收费的 |