
Wine in China: Nurturing the vine

Private equity interest in wine is set to increase as its role in the China luxury goods thesis comes further into focus. Culture, character, and copycatting will be at the top of investors’ strategic agenda
When The Carlyle Group acquired Australia’s Accolade Wines from CHAMP Private Equity for A$1 billion ($770 million) earlier this year, the deal said much about one of Asia’s most complex high-end consumer...
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